Revolving vs Evergreen LC: Critical Differences and When to Use Each for Extensive-Expression Contracts
Key Heading SubtopicsH1: Revolving vs Evergreen LC: Crucial Distinctions and When to employ Each and every for Lengthy-Time period Contracts -H2: Introduction to Letters of Credit score in Extensive-Phrase Trade - Why LCs Are Employed in Extended Agreements- The Purpose of Predictability in Provide ContractsH2: What is a Revolving Letter of Credit