Basic Letters of Credit
- Mon, July 30, 2018
Cost: Members: $95
US: 10:00am ET
About the Webinar
Letters of credit (LCs) are the best alternative to cash-in-advance terms when protecting accounts receivables from foreign buyer nonpayment, making LCs an essential part of a credit professional’s arsenal for mitigating credit risks. Learn how export LCs work and how they help companies gain access to export working capital, while mitigating the risks of exporting goods and services to foreign buyers. Credit professionals need to understand the process, the types of letters of credit that are available and the need for attention to detail or their companies can experience additional costs and ultimately not get paid.
Join Bill Houck, regional manager, at SBA’s Office of International Trade for the Mid-Atlantic region who will discuss letters of credit and other ways to mitigate against nonpayment from export customers.
About the Speakers
Bill Houck has more than 30 years of international trade finance, trade credit insurance and international corporate credit risk management experience. Bill has held management positions with the Export-Import Bank of the United States and private sector concerns specializing in asset-based lending, corporate credit card risk management and global capital market originations. He is currently the regional manager for SBA’s Office of International Trade for the Mid-Atlantic region based out of the Northern Virginia Export Assistance Center in Arlington, VA.
Instructions to join the Webinar will be sent to the main registrant's email address the day before. Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.