... services, enlisting carriers so that buyers can arrange for delivery immediately. Carriers are notified of new orders and can offer their services. This arrangement is convenient for all parties: suppliers do not need to hunt for transport, buyers receive goods on time, and carriers obtain new orders. Transaction Completion. After receiving the goods, buyers confirm the transaction's closure within the system. The marketplace may allow participants to leave feedback or ratings for each other. All participants receive the necessary closing documents ...

... influence market sentiment. Gain a comprehensive understanding of these happenings and their possible implications for the economy in our article. Economic Events and Corporate Reports – Friday, July 25, 2025: EU-China Summit, CBR Rate Decision, Durable Goods Orders (USA) Summary and Highlights of the Day Friday, July 25, 2025, concludes a busy week in the financial markets. Investors are focused on both the international agenda (the second day of the EU-China summit is taking place in Beijing) and key economic ...

... accounts. It ensures the fulfillment of obligations. The second tool we plan to implement is a letter of credit. This is another mechanism for protecting against commercial risks. A letter of credit is a bank account where the buyer deposits payment for goods or services. The seller or supplier receives the money only after fulfilling their obligations, such as delivering the ordered fuel on time. The bank acts as a guarantor of the transaction. As a result, the buyer has a guarantee of shipment, and the seller has a guarantee of payment. For our platform, we are considering two types of letters of credit: Uncovered: ...

... buyers lack immediate funds. Benefits of Commodity Marketplaces Reduced Intermediaries: Buyers can purchase raw materials like metal or fuel directly, bypassing brokers and middlemen. This reduces both time and costs. Convenient Order Processing: Orders can be placed 24/7 without waiting for a company’s business hours. Buyers receive notifications, and if the seller offers round-the-clock delivery, the goods can be received even at night. Simplified Record-Keeping: Users can access all transactions in their personal accounts, download documents, and review records as needed. Order Tracking: Buyers are notified of each transaction stage via order statuses,...

... decision, an entrepreneur can prepare in advance and present their business in the most favorable light to the lender: Maintain a good credit history. Check your history with a credit bureau (both personal and corporate, if you have one). Try to close or restructure ... ... creditors. If your business has not had loans before, make sure that at least your personal credit reputation as an owner is in order - often for a small business this is one of the decisive factors. Prepare a high-quality business plan. This is especially ...