We are an alternative banking solution. While we are not a bank, we are experienced Trade and Purchase Order financiers which means we extend funds for pre-sold finished products based on purchase orders from your creditworthy customers.
Since purchase order financing with Global is transaction-based, the amount you receive varies on the needs of your cost of sales. We extend funding from as low as $10,000 up to more than $1 million; all based on ensuring you have sufficient funds to produce or acquire your goods.
Our loans are used for acquiring inventory and raw materials for specific purchase orders. We work on your behalf and pay your suppliers directly and ensure order processing begins immediately.
We evaluate every business differently. In many cases, yes, we can extend lending for small e-commerce companies and start-up businesses.
Although there are many factors we take into consideration during the PO financing process, Global does not pull your credit report. We take a broader, non-traditional approach when determining financing options. If needed, we may ask that you supply us a copy of your credit for review, but again, this is on a case-by-case basis.
Global is privately held and internally funded, which means we don’t have to wait for a large group of directors or investors to make a decision. We pride ourselves on our ability to understand, evaluate and communicate our decision within just a few days.