Purchase order Financing:
Turn your purchase
orders into invoices. Purchase Order Financing helps you pay your suppliers
when you receive a large order that your current cash flow does not support.
Sometimes called Purchase order funding, this method usually supplies more
working capital than a small business line of credit would.
Accounts Receivable Funding (Factoring):
Invoice financing,
also known as Accounts Receivable Factoring, is an excellent solution for
companies needing cash flow.
8.5 Reason to Factor:
1. Get funding quickly
and put your cash back to work in your business. Increase working capital
without incurring additional debt or sacrificing equity.
2. Very little
financial documentation is required to get started.
Obtain a much larger advance compared to traditional bank lines of credit.
3. Predict your cash
flow more accurately.
4. Cash availability
no longer relies on the uncertain timing of customers' payments.
5. Reduce your cost of
goods. Take advantage of trade discounts from suppliers by making payments
within discount terms.
6. Spend less time
dealing with Accounts Receivable.
7. Improve your credit
rating. With the increased cash flow from Factoring, you can make timely
payments to vendors and enhance your credit rating.
8. Increased
productivity. With less time spent on cash flow issues, you will be able to
spend more time on growing your business.
0.5. Reduce the credit
risk with your customers. You can utilize our expert credit analysis on
potential clients prior to accepting orders.
Credit Insurance:
Trade Credit Insurance
protects against payment default by domestic and foreign customers, including:
Credit Insurance
Accounts Receivable
"Puts"
Single Buyer Credit
Protection
Credit Default Swaps