As the Chinese New Year fast approaches, businesses are pre-emptively preparing for the expected shorter payment terms of their Asian suppliers. In many instances, suppliers need funding for materials and production before the goods are shipped. In such cases, open credit terms are not feasible, and this presents a prime opportunity to use our purchase order financing programs.
Simply put, our programs allow wholesalers to meet customer demand and fulfill their purchase orders. By providing financing tailored to accommodate their own and their supplier’s needs, our programs enable clients to reduce risk while increasing cash flow all throughout their supply chain. So if working capital or cash flow make it difficult to keep up with new orders and production, ETC can help.
ETC’s purchase order funding programs provide tools that empower clients to do more, risk less, and reach new heights. Our platforms offer clients numerous advantages:
- Letters of credit and documentary collection payments to cover the entire cost of goods and shipping
- 100% cash funding for inventory in-transit, freight, duty and other related costs of transporting goods
- Reduced risk, enhanced knowledge, and greater efficiency throughout the supply chain
- A one-stop shop for financing and logistics solutions that allows for seamless integration with existing lenders
- And more . . .
Contact us to learn more!