Rupin Hemant Banker

The digital era has revolutionized the way business is conducted—e-commerce, fintech, cloud tools, and global supply chains have redefined possibilities for entrepreneurs. Yet one barrier has remained stubbornly in place: trade finance. For Small and Medium Enterprises (SMEs), accessing the funds required to participate in international trade has long been a challenge. Traditional trade finance methods are slow, document-heavy, and built around risk-averse banking systems designed more for large corporations than agile, emerging businesses. Fortunately, that reality is changing. Digitalization is now reshaping trade finance to be more accessible, inclusive, and responsive, unlocking a new borderless future for SMEs. What is Trade Finance and Why Does It Matter? Trade finance refers to the financing of goods or services that cross international borders. It includes instruments like: Letters of credit Export credit insurance Invoice factoring Supply chain finance These mechanisms help m...

The global economy has undergone significant transformation over the years, and finance and international trade have become integral components of this process. The relationship between the two has evolved, and various academic studies and literature have sought to explain the impact of finance on international trade. This review aims to explore key themes in the literature and provide insights into the complex connection between finance and global trade, highlighting both opportunities and challenges. Understanding the Role of Finance in International Trade Finance facilitates international trade by providing the necessary funding and capital for businesses to expand into global markets. According to various studies, access to financing is one of the primary factors that enable companies to engage in cross-border transactions. Firms must secure the funding to manage operations abroad, pay for imports and exports, and mitigate risks associated with international trade. For example, tr...