Purchase Orders totaling over $860,000 were received by Global Trading Partners’ client.
The products? Multiple line items of everyday school supplies. Although not back to school items, there were several critical delivery dates that had to be met. In order to secure the production dates, multiple deposits were required by various overseas vendors. All wanted wire transfers.
Impossible to finance? Certainly not!
Global provided the Client with a line of $474,000 to procure the various items being sourced from multiple factories in two separate countries.
Global’s extensive background in import and domestic logistics and immediate funding assured that the P.O.s were filled on time and profitably.
This 90 day deal worked out very well for both the Client and Global Trading Partners.