If you have firm orders, a solid customer and reliable suppliers, we can provide funding based purely on your opportunities.
By considering your purchase order/supply agreement /contract to be collateral, and providing a letter of credit straight to your supplier (cash deposits are considered in some circumstances). Your supplier will usually ship directly to your end customer (who must be a trustworthy, established business or government entity). When your customer makes payment, the transaction is settled.
Credit lines are available from $15,000-$2,000,000 up to 180 day facilities.
As well as providing purchase order finance, we offer a suite of supply chain finance products to compliment your funding needs. Inventory Finance and Invoice Finance can assist with additional cash flow to help maintain growth sustainability. Learn more.
Anybody coming into the wine industry has to invest a lot in equipment. Return on capital in the wine industry is not great. Most of our customers are on open credit. So we invest in the inventory, we send it out, then we’ve got to wait 3-4 months before the money comes back in, so someone like AR (Cashflow)makes a big difference to us because a lot of that cash we can access immediately. There are a whole range of things that we can do to make things a lot easier for ourselves. Obviously outsourcing and minimizing capital investment is one thing, utilizing AR is another.