ärikrediidid

Ärikrediidid, also known as trade credits, are financial instruments used in international trade to facilitate the exchange of goods and services. They represent a promise to pay for goods or services that have been delivered or will be delivered in the future. Ärikrediidid are typically issued by a seller to a buyer, allowing the buyer to pay for the goods at a later date, often with an agreed interest rate.

These credits can be structured in various ways, including:

1. Document-based credits: These are based on the presentation of specific documents, such as invoices, bills of lading, or other commercial documents, to obtain payment.

2. Letter of credit: This is a formal agreement between a bank (issuing bank) and a beneficiary (usually the seller) that guarantees payment to the beneficiary upon the presentation of certain documents.

3. Standby letter of credit: This is a type of letter of credit where the issuing bank agrees to pay the beneficiary upon the presentation of certain documents, but only if the beneficiary requests payment.

Ärikrediidid can help manage cash flow, reduce the risk of non-payment, and provide a means of payment for international trade. However, they also come with certain risks, such as the possibility of non-payment by the buyer or the risk of fraud. To mitigate these risks, it is essential to carefully evaluate the creditworthiness of the buyer and the terms of the ärikrediit.