Costs and Value of Credit/Summary

Unit 3.2-Costs and Value of Credit

Introduction | Assessment Factors | Summary | Resources | Activities | Assessment Go to Unit 3.1 | Unit 3.2 | Unit 3.3 | Unit 3.4 | Unit 3.5 Return to Trade Finance Module 3: Commerical Risk

Summary

There are a variety of costs associated with gathering credit information. These costs vary based on the type of information you are gathering, the company and country you are gathering about as well as the ways you need this type of information. It is important for a global business professional to know where to get the information, the estimated costs and the time it will take to gather the information. For budgeting you must take into consideration the estimated costs to have a better feel for the overall costs of doing business in your global markets.