PO Finance - Bringing in the Goods
The days of the import letter of credit are largely history. Asian factories typically require a minimum 30% deposit with order so that they can procure raw materials. The balance is due either prior to shipment or before the vessel reaches port. When it comes to negotiating pricing and delivery dates, we all know that cash flow and its timing plays an integral role in these decisions for you and your supply chain. That’s why Global Trading Partners works directly with you for importer PO financing solutions.
A purchase order finance company that only issues L/C’s isn’t a solution. We’re different.
Are you a Distributor, Wholesaler or Designer using overseas manufacturing?
Do you have profitable orders from creditworthy customers?
Purchase Order & Trade Finance facilities from Global Trading Partners are utilized exclusively to pay your factory, your freight forwarder, your customs broker, and your inland transit. Most other direct costs can also be covered.
No application fees – You take the time to send us some basic information about your transaction and company, a historical transaction you may have completed, and we will take the time to thoroughly review it and determine whether we can meet your financing expectations. No fees.
No forms to fill – our streamlined application process results in an extremely fast and efficient process and decision.
Transaction Size – $10,000 to more than $1 million per transaction.
Global Trading Partners has completed thousands of transactions for clients in myriad industries by providing transaction working capital to enable them to deliver products to their customers. Sometimes these are large seasonal orders; orders to fill the pipeline at big box retailers; or simply orders that exceed the existing internal capital or credit facilities available to you at the time.
Global Trading Partners works in partnership with startup, entrepreneurial and well-established companies for their importer PO financing solutions. The majority of all PO importer financing transactions supported involve finished product and are completed and delivered within 90 days.
Unlike angel investors, private equity, or venture capitalists, who require an equity stake in your company and often control, Global Trading Partners participates only on a transaction-by-transaction basis. No need to be concerned about the long-term effects of reduced ownership and loss of management control.