Foreign buyers often demand the protection of standby letters of credit serving as bid or performance bonds in order to award contracts. As such, many exporters need the ability to meet their buyers’ bonding requirements in order to grow their international portfolios.
A performance bond issued by a financial institution guarantees the fulfillment of a contract. If the U.S. exporter fails to “perform” as agreed, the buyer is compensated. A bid bond – often required in a bid selection process – guarantees the foreign buyer that the exporter will execute the contract if selected.
Export Credit Insurance is an insurance policy that covers your business' foreign accounts receivable against commercial and political risks. It assures exporters and importers that their business' bottom line will be protected should their foreign customer(s) fail to pay. If a foreign buyer defaults due to an unforeseen bankruptcy or foreign political issue (e.g., war), an insurance company or the government will reimburse your business for a portion of its loss. CLE and its dedicated brokers offer policies that cover an entire export portfolio, a handful of foreign buyers, or just one single buyer. Additionally, most policies come with the added benefit of only paying a premium upon shipment
Whether advising on public company transactions or friendly acquisitions of privately owned family businesses, we utilize our expertise and creativity to pragmatically achieve client goals.
One of the hallmarks of our practice is our understanding of risk. We see managing and minimizing risk as one of our key roles in any transaction – identifying and mitigating third party issues before they become a problem.
Our strategic management of regulatory interactions has helped clients close some of the most highly scrutinized deals in Canada. We also understand that successful transactions must be designed having regard to their real and perceived implications to our client’s key stakeholders. As such, we work with clients to help them present transactions that best preserve and leverage these often critical relationships.
Selling your business quickly, confidentially and at the highest value takes persistence, professionalism and experience, backed by a high level of service and resources.
Our highly professional team with over 30 years of experience in Business Sales serves the needs of both business buyers and sellers discretely and professionally. Our complete package of services includes, valuation, negotiation and co-ordination in order to sell your business quickly, confidentially and for the maximum value.
Specializing in retail leasing, sales, tenant representation, landlord representation, and development consultation, our team of brokers represent landlords and developers, along with local, regional, national, and international retailers.
Business strategy to your acquisition strategy, your plans for divestments or for raising funds, or even your need to restructure, every decision must be made in light of your entire business, your sector, and the global economy.
Our teams of specialists combine a global mindset and local experience with deep sector knowledge and superior analytic tools to help you navigate a complex, fragmented process.
From helping to plan and implement strategic change to measurably increasing portfolio value, we focus on delivering tangible results.
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