International Sources of Credit Information
The Credit Research Foundation recently surveyed credit professionals across the US and Canada to determine the sources they use for information on international (non-USA) commercial credit decisions. The Foundation receives numerous requests for sources of international credit data and undertook a project to compile a listing of sources and providers of credit data for companies outside of the United States. This list is by no means to be considered all inclusive. We initially did our own search for international sources and providers of corporate data and built the list accordingly.
The Domestic Credit Manager and an Export Order
An increasing number of companies today are finding new business opportunities outside North America. This trend is not limited to billion-dollar multinationals; smaller companies also see the benefit of globalization. This section is geared to the domestic credit manager who occasionally is asked to administer credit and collection activities to a foreign customer.
Developing an Export Strategy
If your company is considering exporting, but is not proficient in it, you the information in this article may help you take the initial steps. There are several ways to gauge the overseas market potential of products and services. One of the most important ways is to assess the product's success in domestic markets. If a company succeeds at selling in a domestic market, there is a good chance that it will also be successful in markets abroad, wherever similar needs and conditions exist.
The World Fact Book
Prepared by the Central Intelligence Agency, it is an invaluable publication that provides the essential elements of basic intelligence on all areas of the world.
How To Get Paid When Selling Overseas
Exciting opportunities exist in International trade, but the method of payment can often frustrate the relationship between buyers and sellers. A seller of goods for export is frequently reluctant to advance credit to a buyer, and the buyer is equally reluctant to make payment until the goods are in hand.
Understanding the European Monetary Union
On January 1, 1999, 11 European countries adopted a common currency, the euro. The nations' individual currencies will continue to circulate until 2002, but their values are fixed in terms of the euro. The European Monetary Union is expected to bring a variety of benefits to its members, such as increased international trade and the higher living standards that trade makes possible.
International Company Extension Definitions
While U.S. companies are usually followed by "Inc.", many foreign companies have different endings. The following site tells what these terms mean, and where they are used. If you don't know what country a company is based in, this might help narrow it down a little bit.
Strong Dollar/Weak Dollar
Examines how the U.S. dollar's value relates to other countries' currencies and how changes in its value affect foreign trade and the U.S. economy.
Universal Currency Converter
Online Translation Services
Worldwide Holiday Information
Health Information for International Travelers
Passport Services and Information
Issued when the State Department decides, based on all relevant information, to recommend that Americans avoid travel to a certain country.
Great starting point to find corporate information from around the world.