Learn when it is duly justified to incur debt and about the available options depending on your needs.
SMEs exporting products or services are often faced with the risk of non-paying customers. This situation can be solved by taking out “export credit insurance” that minimizes this risk without missing out on valuable business opportunities.
There are different types of financial services for SMEs. It is very important to identify the supplier that best fits the needs of the firm. Selecting the right type of credit provider for your company's needs can generate substantial savings.
A survey on the readiness of banks in Latin American and the Caribbean to finance SMEs found that 73% of banks are inclined to expand their portfolio in this area. The IDB group remains the most important international financial entity providing assistance to regional banks.
Uruguay’s stable, transparent, regulated and supervised financial system recorded an increase in the volume of banking transactions in 2012 -up 13.4% with respect to the previous year. This increase was accompanied by a rise in accounting revenue, where profits hiked to US$ 297 million.
In order to achieve a financial strategy that meets the management objectives it is essential to have reliable data. The financial manager of the company is responsible for supervising the compilation and preparation of the reports containing this valuable information.
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