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PrimaDollar in the news

Letters of credit: what happens if it is discrepant?

www.primadollar.com
Anna Beker, Operations Manager, PrimaDollar, 19 September 2017

Discrepant letters of credit provide no guarantee to the exporter. Here is what to do, plus there are alternatives to the LC that are cheaper, simpler and quicker.

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Letters of credit: when and how to use them

www.primadollar.com
Tim Nicolle, CEO PrimaDollar, 11 September 2017

Our guide to letters of credit (LCs). If you don’t want to issue an LC, then we can do it for you. Trade finance is common sense, and we can help.

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P2P lending (“fintech credit”) – some considered critiques?

AltFi
Tim Nicolle, CEO PrimaDollar, 1 September 2017

Collecting together our views on Fintech credit business models, and why it is important to think widely about the issues.

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Easing cost of international trade transactions

Financial News, Bangladesh
M. S. Siddiqui, Legal Economist, Dhaka, 18 August 2017

Using open account is making cross-border trade more difficult, especially if suppliers need working capital support from their banks. There are solutions out there.

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Fintech lending – “originate to distribute” anyone?

AltFi
Tim Nicolle, CEO PrimaDollar, 2 June 2017

Having your own balance sheet is much better for shareholders, lenders and customers. The regulators are tightening the rules; Fintech lenders should be aware of the issues.

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Fintech – which side of the chasm are you on?

AltFi
Tim Nicolle, CEO PrimaDollar, 28 April 2017

Most businesses start by selling to early adopters, the minority who like to try new things; but most people only buy new things when they know what they are for.

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Fintech lending, whose lunch are you eating?

AltFi
Tim Nicolle, CEO PrimaDollar, 11 April 2017

Addressable market space, the biggest mistake a start-up can make. Global business models are the way forward.

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Letters of credit and garment exports

The Financial Express, Bangladesh
M. S. Siddiqui, Legal Economist, Dhaka, 19 March 2017

Letters of credit only work if they are kept simple. Here’s a local view from Dhaka in Bangladesh.

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To peer or not to peer?

Altfi
Tim Nicolle, CEO PrimaDollar, 17 March 2017

If your finance provider is relying upon peer-to-peer funding, ask some questions. There is danger ahead.

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I think you are orange!

LinkedIn
Tim Nicolle, CEO PrimaDollar, 14 March 2017

Some insights into how we think at PrimaDollar – our journey to find our new logo.

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