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Palgrave Macmillan

The Trade and Receivables Finance Companion

A Collection of Case Studies and Solutions

  • Book
  • © 2019

Overview

  • A comprehensive manual for those involved in the lending of money for domestic and international trade
  • Includes comprehensive exercises and case studies alongside solutions
  • Provides coverage of risk evaluation
  • Offers guidance on structuring finance
  • You may also be interested in Trade and Receivables Finance: A Practical Guide to Risk Evaluation and Structuring (Palgrave, 2018)
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Table of contents (22 chapters)

Keywords

About this book

The Trade and Receivables Finance Companion: A Collection of Case Studies and Solutions is based on the author’s personal experience gained through more than 40 years in the field of trade finance. This Companion applies the techniques described in his first volume, Trade and Receivables Finance: A Practical Guide to Risk Evaluation and Structuring to an extensive range of international trade scenarios. Practical solutions are discussed and presented through a specially selected collection of more than 20 case studies. 


These books provide an unrivalled and highly practical set of manuals for the trade and receivables financier.


The reader is taken on a journey from the structuring of trade products including collections, import and export letters of credit, back to back credits, guarantees and standby credits to fully and partially structured financing solutions for the importer, manufacturer, distributor, middle-party and exporter. Each funding technique provides a compelling alternative to an overdraft.


The case studies include the risk assessment and financing of open account payables, stock and receivables transactions and the evaluation and use of credit insurance as a supporting tool. The structuring of commodity finance across the trade cycle, to include warehousing, and call-off is also described. 


Many of the chapters contain a summary ‘keynote’ overview and comprehensive ‘deal sheet’ extracts of the chosen solution detailing facility and operational requirements.  








Authors and Affiliations

  • AXS Trade Finance Ltd., Solihull, West Midlands, UK

    Stephen A. Jones

About the author

Stephen A. Jones is a highly experienced practitioner with over 40 years of trade and receivables finance expertise. He has held senior positions in Lloyds Bank, NatWest and RBS, working in operations (letters of credit, collections, payments, foreign exchange and negotiations), and trade finance sales (client management, new business origination and risk evaluation). Stephen has spent 35 years specialising in trade finance in corporate banking and more recently as an independent trade and working capital trainer and practitioner. Since forming his own consultancy business, AXS Trade Finance Ltd, he has been fully engaged helping companies and banks to structure trade and receivable finance deals which meet the client’s needs and allow the bank greater control, risk mitigation, transparency and thus increased credit appetite to lend. In 2014 Stephen was appointed Consultant Head of Risk for a new to market trade finance provider. During his term of office Stephen formulated the trade finance credit risk policy and operational manual for the financier and headed up its credit risk committee. 
Stephen continues to work as a practitioner, consultant trade advisor, handles letters of credit for his corporate clients, structures their trade and working capital finance requirements and facilitates trade finance market solutions.  As a recognised leading expert on the subject of trade and receivables finance, Stephen regularly designs and delivers training programmes to banks globally on trade finance to include sales, credit risk, operations and anti-money laundering and sanctions compliance.  


Bibliographic Information

  • Book Title: The Trade and Receivables Finance Companion

  • Book Subtitle: A Collection of Case Studies and Solutions

  • Authors: Stephen A. Jones

  • DOI: https://doi.org/10.1007/978-3-030-25139-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2019

  • Hardcover ISBN: 978-3-030-25138-3Published: 15 February 2020

  • Softcover ISBN: 978-3-030-25141-3Published: 26 August 2021

  • eBook ISBN: 978-3-030-25139-0Published: 14 February 2020

  • Edition Number: 1

  • Number of Pages: XXV, 435

  • Number of Illustrations: 132 b/w illustrations

  • Topics: International Finance, Banking, Risk Management

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