Get Paid Right Away for Int’l Sales with LC Discounting

When selling and extending credit in many international markets, AR and credit pros are posed with new challenges, especially in higher-growth, higher-risk emerging markets. As the well-worn maxim goes, a sale isn’t a sale until you get paid.One tool many AR/credit executives may be unaware of, but which merits a close look, is utilizing an effective letter of credit (LC) discounting program. This can enable AR and credit to support company growth targets in emerging markets while still…