PURCHASE ORDER FINANCING
Purchase Order Financing is a short-term funding technique used to finance the purchasing or manufacturing of goods that have been pre-sold to a creditworthy customer. This specialized form of financing can assist in the purchase of product inventory by using the inventory and confirmed purchase orders as collateral.
Importers, exporters, distributors and manufacturers are all candidates for Purchase Order Financing. Funds may be used for issuing letters of credit, cash payment to suppliers for finished goods, raw materials or direct labor.
Purchase Order Financing is an option for companies looking to hedge against specific risks. FGI Risk Services works with customers to fully understand their risk tolerance and cash flow issues to put a customized solution in place.