Compare letters of credit and performance bonds with insights from Sriya Enterprise, ensuring businesses choose the right financial instrument. Letters of credit guarantee payment for goods or services, while performance bonds ensure the completion of a project or fulfillment of a contract. Both instruments reduce risk, but they serve different purposes in trade and project finance. Our firm provides detailed guidance on the advantages and limitations of each, helping businesses make informed decisions based on their specific needs. Trust Sriya Enterprise for comprehensive trade finance support and expert advice on selecting the right financial instrument.
Mastering International Trade: Decoding Incoterms and Payment Terms for Export-Import Success Basically, the need to write this blog came, based on my recent interaction with an MSME exporter. In my recent consultation with an MSME (Micro, Small, and Medium Enterprises)…
