HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help reduce their exposure to risk while optimising working capital. Launched on July 15, the HSBC Receivables Advantage solution is available to corporates that export on open account terms or trade domestically. Users of the solution are…| Global Trade Review (GTR)
HSBC has launched a financing product to help US clients facing an increase in upfront import duties, supporting working capital needs during a period of intense trade uncertainty. Announced by the bank today, the product – called HSBC TradePay for Import Duties – aims to simplify US companies’ payment of tariffs, while optimising liquidity and…| Global Trade Review (GTR)