The U.S. Commerce Department’s International Trade Administration has released a Spanish language version of its Trade Finance Guide: A Quick Reference for U.S. Exporters
The guide was created specifically to help U.S. small and midsized businesses overcome one of their major export challenges, how to get paid from export sales, thereby helping turn their export opportunities into actual sales, the department said.
“Since the publication of its first edition in 2007, the Trade Finance Guide
has been an invaluable tool to America’s SME exporters, their foreign buyers, and their financial institution partners,” said Francisco Sánchez, undersecretary of commerce for international trade. “The guide’s Spanish language version will help U.S.-based Hispanic and Latino-owned SMEs enter, compete, and succeed in global markets, especially in Spanish-speaking countries.”
With each chapter only two pages long, the Trade Finance Guide
has been widely distributed as a self-learning tool to exporters, as a counseling tool to financial institution professionals, and as an educational tool for college professors teaching international business.
The guide was created in partnership with the Finance, Credit, and International Business Association (FCIB) and in cooperation with the U.S. Export–Import Bank, the Small Business Administration, the U.S. Department of Agriculture, the International Factoring Association, the Association of Trade and Forfaiting in the Americas, and the Bankers Association for Finance and Trade–International Financial Services Association.
The guide’s Spanish language version was made possible through partial funding from the California Centers for International Trade Development and in collaboration with FCIB and the Commerce Department’s Minority Business Development Agency.
The Trade Finance Guide
and its inaugural Spanish language version are available online for download at the U.S. government’s export portal