Key Total Treasury
Letters of Credit (Payables)
Purchasing goods or services from new suppliers can cut your costs or expand your product offers. To make it so, however, you need the right financing and payment systems in place. As an importer, a strong letter of credit from KeyBank for significant customers at home and abroad can give your company an important advantage, demonstrating proof of liquidity and ongoing cash flow.
Whether you need a regular or special purpose letter of credit, this important tool will assure payment to the most reputable suppliers, helping ensure the quality product or service you need. Additionally, KeyBank international finance experts can assist in your strategic planning by offering smart payment terms, risk evaluation, and accounts payable alignment—all to help you further grow your successful business.
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