Trade, procurement and inventory financing
Original post credit: The Balance A letter of credit is a document from a bank that guarantees payment. There are several types of letters of credit, and they provide security when buying and selling. Seller protection: If a buyer fails to pay a seller, the bank that issued a letter of credit will pay the seller […]
It’s no secret that manufacturing operations are capital hungry. From investments across capital equipment to holding inventory components, free cash flow can get tied very quickly with new sales. What happens if a larger than expected order drops in, one that requires a significant investment in raw materials and the buyer (your customer) can only […]
Image credit: Stuart Hill Most purchase order financing clients are importers who buy goods from another country and sell them to companies in Australia or New Zealand. A number of businesses will usually request that the financier prepay their supplier by direct bank transfer however, this carries significant problems depending on the size of the […]
