![Trade Works](/summary-img/45943-L66JBGYW.jpg?h=M&b=0)
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You might be vaguely aware that cargo ships transport from far-away lands many of the items you buy every day. But do you know anything about the little-noticed financial sector that funds the movement of goods all around the world? Andreas Schweitzer, a London-based financier, offers a primer on trade finance and its value for investors. He explains factoring and reverse factoring, along with the stringent due diligence required before making a loan against collateral that’s sitting on a ship on the other side of the globe. While getAbstract never offers investment advice, readers will find this a solid introduction to trade finance.
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About the Author
Andreas Schweitzer is managing director of London-based Arjan Capital Ltd, a trade and corporate advisory firm with a focus on factoring, trade finance and payment mechanisms.
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