Training and Consulting

International Trade Finance Training Program

A cutting-edge and highly practical three-day course that explores all the main risks in contemporary trade finance products and structures.

This course opens up the communication channels between credit managers and trade finance managers in a highly practical manner.

In three intensive days, this course confronts the current issues in international trade finance on a step-by-step basis.  It will lead you through a thorough understanding of the risks and solutions involved.  You will return to work fully aware of the best risk mitigation and internal communication techniques, ready to do business in a safe and

Mr. Michael Onumateka , BSC, P&C , CICP ,CCE , The Managing Partner of Global Trade Financial Services at The City of Dallas, office of International Business & Protocol Services In collaboration with the Zimbabwe Business Network International hosted a round table with the theme; “Doing Business with Zimbabwe” . Featured a series of presentations on the “New Zimbabwe” with a focus on investment opportunities


Credit Insurance

Covers 2 types of risks –

  1. commercial and political risks.
  2. Insolvency of the buyer
  3. Non-payment by the buyer

Surety Bonds

  1. Bid Bond: Provides financial protection to the owner if a bidder is awarded a contract but fails to sign the contract or provide the required performance and payment bonds.
  2. Performance Bond: Provides an owner with a guarantee that, in the event of a contractor’s default, the surety will complete or cause to be completed the contract.
  3. Payment Bond: Ensures that certain subcontractors and suppliers will be paid for labor and materials incorporated into a construction contract.
  4. Warranty Bond (also called a Maintenance Bond): Guarantees the owner that any workmanship and material defects found in the original construction will be repaired during the warranty period.

Trade Finance

An exporter of goods runs the risk that they are never paid for goods that are shipped. To eliminate that risk they can require pre-payment, but that shifts the risk onto the importer.
Overseas trade also comes with inherent risks, for example, exchange rate fluctuations, legal issues, language differences and the potential for political instability. Furthermore, it’s trickier for parties to evaluate the credit risk of their counterparts when they’re based overseas.
Trade finance steps in to guarantee payment and shipment, provided certain conditions are met.