| Receivables Funding | ||||||||||
| Purchase Order | ||||||||||
 |
||||||||||
|
||||||||||
|
|
Purchase Order Funding
~Paying Supplier When Good Are Shipped!~
Is your company a young and/or rapidly growing US- or Puerto Rican-based reseller, exporter or importer that is competing for large orders?
If the answer to that question is "YES!", then:
- Does your supplier demand all or part of his payment up-front? And,
Then we has a program that is just right for your business
-- even if your supplier or your customer (or both!) are
overseas. Purchase order funding, also known as trade finance
or purchase order financing is a program whereby funds for
all or part of your cost of goods are made available directly to your
supplier prior to or upon shipment of the goods, usually with a
Letter of Credit (an LC). With this program, even if your supplier is overseas, you get added
benefit and protection of your reputation for delivering quality goods
meeting your buyer's specifications, because the funding source's
agent will carefully inspect the goods at the point of departure! It works this way:
If the order is not COD, then you can arrange to provide accounts
receivable funding (factoring) for the transaction. In that case, the
Factor directly pays the monies due to the Purchase Order Funding
Source out of the factoring advance for the invoice. Any excess over
those fees from the advance are remitted to you at that time. Factors are often reluctant to deal with offshore buyers. So, if
your non-COD customer is overseas, then you can require that the buyer
open an LC in your favor that is confirmed by a US bank. In that case,
the Purchase Order Funder will be taken out upon delivery of the goods
with funds from the buyer's LC. We specializes in acquiring
funding for purchase Orders and projects in the following
areas: industrial, manufacturing, government,
construction, whole sale, retail apparel, direct shipment
and service contracts. We can help fund project costs
for: deposits, raw materials, components and
sub-assemblies, project-specific labor, finished goods,
overhead, direct manufacturing, shipping, letters of credit,
letters of guarantee, capital equipment and more. We will also help fund contracted and out-sourced or
drop-shipped products and services to our clients who
understand the flow of the transaction. Charges are tailored to our client's individual
transactions. They are based on the analysis of project
risk, the amount of funding and the length of time the funds
will be outstanding. Typically, we will have a program
worked out for our clients within 24 hours after we receive
the Application package. Funding decisions are based on our client's ability to
meet their customer's requirements and on their customer's
financial quality and terms of payment.
Document Required:
Our purchase order
funding solution provides funding for your contracts ranging
in size from $200,000 to $1,000,000 with a gross
profit margin of more than 25%. The length of the
production, delivery and payment cycle will determine gross
profit margin.
Completed
Application Form
Your invoice to customer
Your vendor’s invoice
Purchase order to your customer
Expected Profit on deal
(gross margins to >18%)
Company Background & History
P&L (most recent)
Balance Sheet (most recent)
Auditors Report (if available)
Estimated time of production
Credit information on your client
Vendor Background Information
Call us TODAY for your FREE CONSULTATION.
1-866-338-FUND ( 3863 )
|
GL |
BAL
|
|
