In this unit you will explore Short and Medium Term Export Finance products which are of great practical benefit to the exporters cash flow management. We will Explore: - Invoice Discounting - Factoring - Bill Discounting and finally work through the procedure for a Forfaiting Transaction. This will be achieved by: - Becoming familiar with fundamentals of Short and Medium Term Finance - Understanding the key concepts relating to working capital and management of receivables. - Exploring the invoice discounting process - Contrasting Invoice Discounting to Factoring - Learning what benefits factoring offers to a growing business; - Studying fundamentals of Forfaiting; - Discussing differences and similarities between Factoring and Forfaiting;