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U.S. Bank Extends Freight Payment Trade Finance Capability to Europe

First European freight payment trade finance solution improves cash flow for shippers and carriers.

U.S. Bank is expanding its industry-leading freight payment trade finance service into Europe.  The service allows shippers to hold onto their cash longer while the bank accelerates payment to their carriers. The continent’s first freight-payment-specific trade finance solution is a cost-effective alternative to factoring and other financing options commonly used in Europe today. 

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