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Inventory finance and purchase order finance information
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Inventory finance and purchase order finance information

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  • 1.  Providing Purchase Order Financing ranging from $50k to $1.5M Providing stand alone Inventory revolvers ranging from $125k-$1.5M*Commodity Inventory, Finished Good, or Raw Materials
  • 2.  Advance rate: 50% of cost or 75% of NLV (whichever is less) Competitive pricing Revolving lines of credit 1 year terms Available to U.S and Canada
  • 3. Requirements Exclusions• Inventory must not lose • Examples of bad significant value over inventory: time • High technology• Perpetual inventory subject to system must be in place obsolescence • Seasonal items • Apparel • Jewelry
  • 4. I. Due diligence funds receivedII. Field examIII. Inventory appraisalIV. Internal review and preparationV. Loan Committee meetingVI. FundingVII. Receive weekly inventory reporting from which client availability is determinedVIII. Constant communication with factor and client to monitor client’s availability and status
  • 5.  Advance rate: Up to 100% of the cost of goods Rates broken down in increments customized for each transaction up to 90 days Fees are on funded amount Commissions paid to referral sources
  • 6. We receive copies of We provide When Client Client P/O, from Letter of merchandise Due provides identifies and obligor, and Credit becomes aDiligence purchase sends verifies non- payment or receivable, check orders from purchase cancellable wire transfer the invoicereceived credit worthy order to order with upon factor will be customers supplier both supplier approval factored and obligor

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