METHOD AND APPARATUS FOR FACILITATING FUNDING OF TRADE

摘要

The present invention relates to a method and apparatus for providing non recourse funding of trade in goods during transit. In the method of the invention risks are allocated to decrease the cost of trade finance. A Funding Bank provides non recourse funding based upon various financial commitments received from a Performance Insurer and a Collateral Control Bank. The present invention also relates to a computer system for facilitating trade in goods comprised of a communications network coupled to a logistic data server and a trade management system. The communications network transmits and receives data from parties involved in the funding of trade in goods. The logistic data server calculates a target shipping trajectory and calculates the transactions overall credit worthiness. The trade management system monitors the actual shipping trajectory and determines whether to initiate corrective action when the actual shipping trajectory differs from the target shipping trajectory.