International project financing services are an important piece of your globalization. While emerging markets worldwide seem ripe for the implementation of your global strategies, not every business should jump on the bandwagon. Take time to develop your international project finance service through studies of the various options that are available. Once you enter the global marketplace, you need a financing company that will stick with you as you grow.

You should look for an international project financing service that is experienced with emerging global expansion strategy plans, has been through the process and can help you over the pitfalls. As you look abroad, consider a global expansion strategy that includes a number of international project finance service experts to leverage your assets. Plan on assigning new duties to current staff or adding a financial team experienced in international trade. Prepare your international project finance services on a number of fronts.

1. Study the international project financing services landscape

2. Find several international project financing services

3. Keep in-house international project finance service staff

Action Steps
The best contacts and resources to help you get it done

Look at the total international project finance services arena

While your current finance company may be excited about your plans for international expansion, they may not have the expertise you need to navigate the new areas into which you are heading. You should continue to talk with and include your long-time bankers in your plans, but take time to see what other financing firms have to offer.

I recommend: TCS is a financial consulting company that can help you navigate the depth of options that may be available for your international growth. They can look at your current operations and steer you towards the best financing for your needs. The law firm of Fulbright & Jaworski could be a valuable asset to your initial investment team as you deal with new contracts and companies in the global arena.

Include multiple international project financing services

Various lenders and financiers have different backgrounds and areas of expertise. Spread out your ties to get the best from all the available financing services that can help you expand while providing insight and consultation that you might not receive from other financing services.

I recommend: Developers International has options available for specific projects that involve construction and development projects that could add to your current inventory of finance deals. Lloyds International has a variety of venture capital and other financial models as well as the expertise to advise you of opportunities you may not be aware of.

Hire experienced international project finance services personnel

It's always best to have a CFO or other key financial management employee with only your best interests at heart. You can either bring in a temporary CFO to work out the details of your initial strategies or look for permanent staff to manage your growing international business affairs.

I recommend: Ignite Your Business can bring in a CFO for a month or six months or longer, depending on how long it takes to get all your international financing affair in order. Since 1970, the Lucas Group has been finding top CFOs to fill positions in growth companies successfully, matching your needs and culture with the right executive for the job.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Ask your peers for referrals to international project financing services they have worked with when you begin looking. Personal references are as important in the finance field as any other service you may contract.