Konstantinos Kazinakis Shares Critical Input On The Perks of Global Trade Financing
Meeting the distinct needs and policies of exporters and importers conducting long-distance transactions, the main goals of trade finance are protective, according to the expert Konstantinos Kazinakis.
Toronto, Ontario, Canada – May 19, 2017 /MarketersMedia/ —
In today’s economy, trade financing is being utilized each day by an impressive array of enterprises in order to reduce risks of their transnational operations. The majority of importing and exporting relies on it: The World Trade Organization estimates that 80 to 90 percent of all commerce currently utilizes the process to secure payments, guard against fluctuating exchange rates and the possibility of shifting political factors. But it is more than a defensive strategy as it offers many beneficial aspects, such as increasing credit flow and productivity in the short term, and raising profitability and job creation for the future. Its importance in the marketplace is undeniable, since this specific type of insurance for firms buying and selling goods or services now accounts for nearly $10 trillion annually. A noted expert in the field of global trade finance, Konstantinos Kazinakis of United Bunkers Investors Corporation assesses its many advantages and the economic development it fosters.
Meeting the distinct needs and policies of exporters and importers conducting long-distance transactions, the main goals of trade finance are protective, according to the expert Konstantinos Kazinakis. The process provides solutions for avoiding refused shipments, delayed payments, keeps cash liquid and postpones tax payments. Trade financing helps firms meet intermediate input purchases, inventories, payroll as well as extra upfront expenditures of export activities. The funds are also allocated for fixed costs such as advertising, capital equipment, and research and development, in situations such as exploring the profitability of new markets and regulatory compliance. The practice is often used to cover variable trade costs, duties, and freight insurance.
With capital infusions made available through the process, small- and medium-sized businesses have the cash flow necessary to expand. Empowered to fulfill more orders, companies are stimulated toward quicker development. By receiving advance payments, companies often see higher profit margins and improved EBITDA (earnings before interest, taxes, depreciation, and amortization), and have better control over daily costs with the added funds. Businesses also have the ability to incorporate other work streams, diversify foreign distribution networks, drive competition throughout supply chains, and subsequently, enlarge workforce numbers. Konstantinos Kazinakis notes that trade finance assists firms by eliminating the problems associated with bankruptcy, excess stock, debts, creditors and late payments by making cash management simple and accessible. United Bunkers Investors Corporation is supported by Financial Technology trade financing platform for a high technology solution to the global trade finance market, which is worth more than $4 Trillion US dollars a year, the gap is currently around $1.4 Trillion for the innovation in making trade financing more efficient and to protect against all risk.
Konstantinos Kazinakis has experienced more than two decades of success as an investment professional, with a broad history managing more than $1.5 billion in trade financing and the successful repositioning of $1 billion of non-performance loans. As President and Chief Operating Officer of United Bunkers Investors Corporation, he provides clients with trade financing, debt restructuring, and equity investment strategies that anticipate market trends, pricing, and demands. His firm’s inclusive services consist of comprehensive financial and logistic support for the entire oil industry comprised of cargo and bunkering traders, physical suppliers, vessel and terminal owners, refineries, and producers. Matching his industry expertise with current economic and financial insight, his prediction for elevated performance by transportation suppliers embraces essential factors for realizing measurable improvement in the global goods transportation market.
Konstantinos Kazinakis – United Bunkers Investors Corporation: http://konstantinoskazinakisnews.com
Konstantinos Kazinakis of United Bunkers Investors Corporation Examines Investment Security Measures for Today’s Markets: http://finance.yahoo.com/news/konstantinos-kazinakis-united-bunkers-investors-032700698.html
Konstantinos Kazinakis – United Bunkers Investors Corporation – Predicts Improved Performance in Transportation of Global Goods: http://finance.yahoo.com/news/konstantinos-kazinakis-united-bunkers-investors-012200621.html
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