Key Features:

Risk Mitigation: Trade finance tools like letters of credit and export credit insurance protect against various risks, such as non-payment, political instability, or disputes. 
Payment Guarantees: Letters of credit, for instance, guarantee payment to the exporter if the importer fails to meet their obligations. 
Working Capital: Trade finance provides working capital to support the trade cycle, allowing businesses to finance their operations and manage cash flow. 
Facilitating Trade: Trade finance simplifies international trade by streamlining transactions and reducing the need for extensive upfront payment by the importer. 
Access to Markets: It enables businesses to access new markets and expand their operations globally by offering competitive payment terms. 
Improved Cash Flow: Tools like factoring and supply chain finance allow for quicker payment to exporters, improving cash flow and facilitating reinvestment. 
Stronger Relationships: By providing security and reliability in transactions, trade finance helps build trust between trading partners. 

Benefits:

Access to working capital: Trade finance helps exporters fund their operations and cover the costs of production before they receive payment from the importer. 
Risk mitigation: Trade finance tools like letters of credit and trade credit insurance protect exporters against risks such as non-payment or non-delivery of goods. 
Improved cash flow: Advance payments and extended payment terms help exporters manage their cash flow more efficiently. 
Access to new markets: By managing risks associated with international trade, trade finance makes it easier for businesses to expand into new foreign markets. 
Increased sales: By enabling companies to fulfill larger orders, trade finance can lead to increased sales and higher profits.