This document summarizes Global Asset-Based Lending from UPS Capital, which provides revolving lines of credit secured by offshore and domestic inventory as well as receivables. To qualify, a business must be US-domiciled, generate over $10M annually in revenue, import/source goods offshore, use distribution centers offshore, provide "store-ready" offshore shipments, and use UPS. This program allows businesses to borrow against offshore inventory and goods in transit, accessing capital earlier in the supply chain. UPS Capital can offer more lending availability than traditional asset-based lenders by leveraging UPS's global logistics network and control over goods.

1. You may qualify for
Global Asset-Based Lending
from UPS Capital if your
business:
• Is domiciled in the U.S.
• Generates annual revenues of at least
$10 million
• Imports finished goods and certain
raw materials
• Stages/sources inventory outside
the U.S.
• Works with distribution centers located
outside the U.S.
• Provides “store-ready” shipments
outside the U.S.
• Uses UPS®
to move the goods
being financed
If your goods are warehoused offshore, or are in-transit from far-away places, that’s working capital
that’s not really working for you. You know exactly where your money is, but you just can’t put it to
work to help your business.
That’s where Global Asset-Based Lending from UPS Capital can help. You can borrow against of-
shore-warehoused or in-transit goods, as well as domestic inventory and receivables, to secure a
committed revolving line of credit that can improve your company’s liquidity and financial flexibility.
So you can expand a product line, consider a strategic acquisition or just make payroll.
Any traditional bank can lend against domestic receivables. But Global Asset-Based Lending from UPS
Capital goes far beyond. By leveraging the global logistics prowess of UPS, we can provide best-in-class
control and visibility that minimizes supply chain obstacles, while helping you navigate complicated
international trade laws.
Is your working capital
sitting in a warehouse
halfway around the world?
Global Asset-Based Lending
UPS Capital FINANCIAL, INSURANCE & PAYMENT SERVICES FOR YOUR SUPPLY CHAIN

2. Loans made in California are pursuant to a Department of Corporations California Finance Lenders License. Products may not be available in all areas and
may be modified based on requirements. Check with your UPS Capital representative for local availability. Credit availability is subject to approval.
© 2015 United Parcel Service of America, Inc. UPS, UPS Capital, the UPS brandmark and the color brown are registered trademarks of,
and UPS Capital Cargo Finance is a servicemark of, United Parcel Service of America, Inc. All rights reserved. 5/15 CAP27
For more information, contact the
Global Asset-Based Finance Team at:
888-812-5696 or gabl@ups.com
Secure working capital earlier in your supply chain
The enhanced visibility and control enabled by the UPS network lets you utilize more of your
inventory as collateral. Which means you typically get more availability on inventory than
traditional asset-based lenders will allow.
Because we control the goods, we can broaden the borrowing base to include foreign goods
in transit or inventory warehoused overseas. We may advance up to 50% of the cost of
inventory and up to 85% on receivables. And, since you get access to funds earlier, you can
negotiate better terms and decrease costs with suppliers, pass benefits on to your customers
and grow your business.
Where We Can Put Your Supply Chain To Work
Assumptions: Supplier is a non-U.S. entity. Buyer is in U.S. Supplier sells
goods on an open account. Incoterm Buyer (Ex. Works, FCA, FAS, FOB).
*Owned, operated or managed by UPS. Financing based on terms of trade
FINANCIAL
FLOW Global Asset-Based Lending from UPS Capital
Offers lending in many places along the supply chain —in origin country, in transit and for accounts receivables.
Additional points of liquidity with UPS Capital.
Traditional Asset-Based Lending
Supplier BuyerTransportationUPS Warehouse
(CFS)*
Consolidated
Freight System
Transit
NVOCC*/FF
Non-Vessel Operating
Common Carrier/
Freight Forwarding
CHB
Freight Forwarding/
Custom House
Brokerage
PHYSICAL
FLOW
UPS Capital | 35 Glenlake Parkway NE | Atlanta, GA 30328 | www.upscapital.com | 888-812-5696
How Global Asset-Based Lending adds up for you
(in millions)
ABL Loan Value Typical ABL Loan Integrated GABL Loan
U.S.-Based Inventory (50% LTV) $20 $10 $10
In-Transit Inventory (50% LTV) $10 – $5
Non-U.S. Based Inventory (50% LTV) $20 – $10
Accounts Receivable (85% LTV) $25 $21 $21
Total Loan $31 $46
That’s nearly 50% more liquidity
with UPS Capital
• Foreign-warehoused inventory
• In-transit inventory
Access capital from
unexpected places.
Why UPS Capital? Nobody understands transportation and logistics like UPS. And while you’ve probably never thought of
a UPS company for financing and insurance services, our global supply chain expertise uniquely positions us to help protect
companies from risk, and leverage cash in their supply chains. Insurance companies and banks can’t say that.
UPS Capital | 35 Glenlake Parkway NE | Atlanta, GA 30328 | www.upscapital.com | 888-812-5696