12
LouisianaExport Guide
2015-2016
R
egionsBankhelpscompaniesofall
sizesgrow their internationalbusiness
whilemitigating the risks that some-
timescomewithdoingbusinessoverseas.
OneRegionsBankclient, forexample,
makesparts forgas turbinesandpower
generation systems that are shipped to
foreignmanufacturers. Thebankput a
lineof credit inplace that funded90%of
their international receivables, enabling thecompany tofinance
significantoverseasgrowth.
AnotherRegionsBankcustomer, amedical servicesfirm,
turned to thebank forhelpwith its cashflow. Byprovidingan
U.S. Export-Importworkingcapital line, thebankwasable to
lendagainst80%of thecompany’s international receivables,
solving their cashflowproblem.
Anoil field serviceclient thatmanufacturesequipmentover-
seasand imports thosecomponentsback to theUnitedStates,
uses thebank for foreignexchange. Thecompanyhadhistori-
callypaid theirprimary supplier indollars. But,workingwith the
bank, thecompanyasked the supplier forquotes inbothdollars
and local currency. It turnedout that substantial savingswas
achievedbypaying in local currency rather than inU.S. dollars.
The futurebelongs tocompanies that canexert their com-
petitiveadvantage in theglobalmarketplace.World trade in
“services” isestimated todouble from$3 trillion to$6 trillion
between2010-2020.During the same timeperiod,merchandise
tradehadbeenprojected tomore thandouble, from$14 trillion
to$35 trillion.
RegionsBank’sglobal trade specialistsareexperiencedprofes-
sionalswhounderstand thecomplexitiesof transacting interna-
tional business. Theycanprovide thefinancingandpayment so-
lutionsLouisianacompaniesneed toopennewmarkets, enhance
global competitiveness, improvecashflow, andmitigate risk.
The bank’s products include:
• TradeLettersofCredit. RegionsBankdoesbusinesswith1,500
banksaround theglobe. These instrumentsenableexport-
ersand importers to significantly reducepayment riskand to
obtainworkingcapital financingbydiscounting timeL/Cs.
• DocumentaryCollections. Acost-effectivealternative to letters
of credit, documentarycollectionsuse the international bank-
ing system toprocess shippingdocuments, enabling timely
payment forgoodsand services rendered.
• ExpressTradeLC. Thebank’seasy-to-use, secure Internet-
based serviceenables companies tomanage lettersof credit
andcollectionsonline. The system saves companies timeand
moneyby facilitatingaccess to their trade-relateddocuments.
• Export Financing. RegionspartnerswithSBAandexport credit
insurers toprovideadvancesagainstboth receivablesand
inventory, and toensurecollectionof receivables. Lettersof
credit alsocanprovide forguaranteedpayment, anda source
offinancing.
• ForeignCurrencyHedging. Thebankcanhelpcompanies
analyze the tradeoffbetweendenominating foreignpurchases
and sales in local currencyvsU.S. dollars. ThisenablesU.S.
importersandexporters toexecuteappropriate, cost-effective
hedgesagainst foreigncurrencyexposures.
Formore information, please contact Carson Strickland, Senior
Vice President, Global Trade Finance, at Regions Bank: 251-690-1396
or
lease see our ad onPage 27)
RegionsBank:
HelpingFinance InternationalGrowth
“The future belongs to companies that
can exert their competitive advantage
in the globalmarketplace.”
CarsonStrickland
