FACTORING: A B2B financing tool which provides advances of cash from the sale of current invoices payable from customers. Use cash advances to meet timely payroll, purchase inventory, pay taxes, or for any other current need.
EXPORT FACTORING: A transaction providing advances of cash upon invoices payable from international sales. Eliminates the need for letters of credit or complex methods of insuring payment from unknown foreign customers
ABL / INVENTORY FINANCE (Asset-Based Lending): Revolving lines of credit used for the purchase of inventory, equipment , and the financing of terms of payment upon current invoices.
PURCHASE ORDER FINANCE: Typically used in contract manufacturing to pay foreign factories for the manufacturing of goods required to meet purchase orders from large, creditworthy customers.