1995 | OriginalPaper | Chapter
Buyer’s Credits, Lines of Credit and Supplier’s Credits
Author : Richard Willsher
Published in: Export Finance
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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These structures have evolved to provide credit terms to buyers to support their purchase of bigger ticket imports. They are often, though not necessarily, guaranteed by a state Export Credit Agency (ECA) from the exporter’s country. ECA support will be dealt with later but will be mentioned where it is relevant to the structures described in this section.