Polytrade Gitbook
  • Index
  • Guides
    • What is Polytrade?
    • What is Trade Finance?
    • Potential Market Opportunity
    • Polytrade Unique Selling Proposition (USP)
    • Polytrade Factoring Transaction
    • Polytrade Services
    • How to submit an invoice on Polytrade?
    • Founders and Team
    • Benefits of Using Polytrade
    • Components of Polytrade Ecosystem
    • TRADE Token
    • Security Audit
    • FAQs
    • Resources
    • Advisors
    • Glossary
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Potential Market Opportunity

Potential Opportunity for Trade Finance Services to SMEs

PreviousWhat is Trade Finance?NextPolytrade Unique Selling Proposition (USP)

Last updated 2 years ago

Trade Finance has existed since the inception of the financial industry. Currently, the industry is sized at $7 Trillion. However, a significant opportunity yet remains untapped. This is known as the Trade Finance Gap.

In simple terms, Trade Finance Gap is the excess Demand compared to the Supply of Trade Finance.

Trade Finance Gap = Demand of Trade Finance - Supply of Trade Finance

A survey conducted by WTO (World Trade Organization) shows that the Trade Finance Gap has increased significantly over the years and currently stands around $1.7 Trillion.

This gap majorly forms the Trade finance demands of SMEs (Small and Medium Enterprises), which banks and institutions usually ignore for several reasons.

Polytrade strives to become the Number 1 platform for SMEs Trade Finance requirements.