Purchase Order Funding From Ashford Finance, New York City, NY Purchase order financing is a short term funding tool used by a borrower to finance the fulfillment of a purchase order with a credit worthy client. Terms of each purchase order Agreement are transaction specific. Funds are used for the purchase of services and/or materials needed to deliver goods to the client. These can be: Work in Progress [WIP]; where materials are purchased and then manufactured by a third party or Finished Goods [FG], where goods are purchased and resold to the client. Purchase order financing enables you to fulfill your purchase orders, even when you do not have sufficient funds or capital. It allows to you expand your business without giving up equity, or waiting to have a Bank look at your loan request. It also allows you to ensure timely delivery of seasonal goods, and at the same time increase your market share. Ashford Finance is a specialized finance company based in New York, providing creative short-term transactional financing for importers, exporters and other short-term borrowers who have challenges in securing bank financing. Ashford specializes in all aspects of Trade Financing from providing Purchase Order Financing of up to 100% of cost, addressing all the Letter of Credit needs of our customers, to Factoring and financing of receivables. Ashford Finance is managed by trade finance and merchant banking professionals with extensive backgrounds from major U.S. financial institutions including Citicorp and GE Capital, as well as professionals from manufacturing and trading. Together, they bring their combined expertise to address the funding needs of their clients, while simultaneously aiding clients' efficiency and profitability in their respective industries. Services provided include: ● Purchase Order Financing ● Import Financing ● Export Financing ● Letters of Credit ● Forfait Contact: Nosh Hasan, President, Ashford Finance Telephone: (212) 532-9030 Email: nhasan@ashfordfinance.com
Purchase Order Funding
From Ashford Finance, New York City, NY
Purchase order financing is a short term funding tool used by a borrower to finance the fulfillment of a purchase order with a credit worthy client. Terms of each purchase order Agreement are transaction specific. Funds are used for the purchase of services and/or materials needed to deliver goods to the client. These can be: Work in Progress [WIP]; where materials are purchased and then manufactured by a third party or Finished Goods [FG], where goods are purchased and resold to the client.
Purchase order financing enables you to fulfill your purchase orders, even when you do not have sufficient funds or capital. It allows to you expand your business without giving up equity, or waiting to have a Bank look at your loan request. It also allows you to ensure timely delivery of seasonal goods, and at the same time increase your market share.
Ashford Finance is a specialized finance company based in New York, providing creative short-term transactional financing for importers, exporters and other short-term borrowers who have challenges in securing bank financing. Ashford specializes in all aspects of Trade Financing from providing Purchase Order Financing of up to 100% of cost, addressing all the Letter of Credit needs of our customers, to Factoring and financing of receivables. Ashford Finance is managed by trade finance and merchant banking professionals with extensive backgrounds from major U.S. financial institutions including Citicorp and GE Capital, as well as professionals from manufacturing and trading. Together, they bring their combined expertise to address the funding needs of their clients, while simultaneously aiding clients' efficiency and profitability in their respective industries.
Services provided include:
● Purchase Order Financing
● Import Financing
● Export Financing
● Letters of Credit
● Forfait
Contact: Nosh Hasan, President, Ashford Finance Telephone: (212) 532-9030 Email: nhasan@ashfordfinance.com
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