Trade Finance Market Analysis, Demand, Size and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global Trade Finance Market 2016-2020

Technavio recognizes the following companies as the key players in the global trade finance market: BNP Paribas, Citigroup, HSBC, JPMorgan Chase, and Mitsubishi UFJ Financial.

Other Prominent Vendors in the market are: ANZ, Arab Bank, Bank of America Merrill Lynch, BNP Paribas, BNY Mellon, Capital, Commerzbank, Credit Agricole, Deutsche Asset & Wealth Management, Deutsche Bank, Factor Funding, Goldman Sachs, Itaú Unibanco, Morgan Stanley, New Century Financial, Nordea, Paragon Financial, Royal Bank of Scotland, Royal Bank of Scotland, Santander, Standard Chartered Bank, Sumitomo Mitsui Financial, SunTrust Bank, UBS AG, UniCredit, and Wells Fargo.

Browse full report with TOC@ https://marketreportscenter.com/reports/388337/global-trade-finance-market-2016-2020

Commenting on the report, an analyst from Technavios team said: The current trend of online receivable financing has attracted a lot of key market players, competitors as well as the customers to have open competitive auctions and is mostly bid by a global network of accredited institutional buyers. Traditional financing is considered more expensive. So, there are many industries that have shifted their focus to the online receivable financing platforms, which are helping companies to fulfil their working capital needs on a day-to-day basis. They are mostly used as a part of asset-based lending solutions, as also in factoring deals because these are considered a collateral component in business lines of credit. Competitive prices can be achieved due to the reduction in the cost of capital. The most advantageous approach is the lack of a long-term contract, all-asset lien, covenants and personal guarantees in case of online receivables financing.”

According to the report, one of the key drivers for market growth is the improved inventory management. Inventory is considered one of the important items...