United Parcel Service Inc has launched a bridge loan for small U.S. businesses that import goods into the country.
Under the UPS Capital Cargo Finance program, the company will advance 50 percent of the value of goods to U.S. importers for up to 60 days upon pickup of the merchandise in a foreign country. The goods themselves will serve as coll
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Zanedillon voted on the following stories on BizSugar
UPS unit starts bridge loan for small importers
Posted by TimJustus under GlobalFrom http://www.reuters.com 5912 days ago
Made Hot by: on September 18, 2008 11:41 pm
China: A Ripe Market or Fast Track to Bankruptcy?
Posted by JohnH under GlobalFrom http://blogs.openforum.com 5974 days ago
Made Hot by: on July 17, 2008 2:51 pm
China may still have a Communist political system, but its economy is transitioning to capitalism. It has a growing middle class hungry to buy Western goods.
Enterprising U.S. companies are investigating and some are capitalizing on the opportunities China presents. Just don't forget to do your homework before you expand.
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Export financing available for US small businesses
Posted by TimJustus under GlobalFrom http://www.shippingdigest.com 5980 days ago
Made Hot by: on July 12, 2008 3:55 pm
Small-business exporters may face a problem in obtaining money from their lenders to buy or produce the goods or services to fulfill an export contract. They may not have the collateral to obtain sufficient working capital loans from their banks, particularly in times of tightened credit.
Enter the Export-Import Bank of the United States, the g
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