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| Purchase Order Funding and
Trade Finance |
| From Ashford
Finance, New York City, NY |
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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.
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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.
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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. |


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Services provided include: |
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Purchase Order Financing |
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Import Financing |
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Export Financing |
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Letters of Credit |
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Forfait |
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Contact: Nosh Hasan, President, Ashford Finance
Telephone: (212) 532-9030
Email: nhasan@ashfordfinance.com |
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