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Financing Your Company's
International Growth
One of the greatest
challenges to America's entrepreneurs is cross-border and
export-import trade finance and the ability to secure the
necessary funds for international growth. With most
community lenders having limited knowledge in this essential
area, lost opportunities for international sales are counted in
the hundreds of billions each year for small and midsize
manufacturers and
distributors. At DMS Wholesale Finance, we can
provide expertise in the areas of...
Purchase Order Finance
Not to be confused
with contract finance, purchase order finance is available for
both domestic and international orders and in particular
provides solutions for contract manufacturers lacking the ready
funds to fill orders from major, creditworthy retailers.
Purchase order financing provides for the posting of letters of
credit or mobilization funds to manufacturers throughout the
world when $50,000 or more of finished goods will be shipped
directly from the contract manufacturer to the end user, often a
major retailer. Typically, once delivered and invoiced,
the PO financier will be "taken out" by a
factor which will complete the financing arrangement until
full payment is made by the customer.
International Receivables Factoring
A rapidly growing
area of cross-border trade finance, international factoring is
now available in over 64 countries worldwide and effectively
deals with the issues of language, customs, credit, and the
collection of funds from unknown customers abroad seeking normal
payment terms (90 days or less). Have you received a large
order ($25,000 or more) from abroad as a result of trade show or
exposition marketing? International factoring provides a
flexible financial solution to such international orders on a
non-recourse basis and without the necessity of letters of
credit and other extensive paperwork and complication.
Over 250 factors now provide international trade solutions
worldwide.
Forfaiting Services
Little known in the United
States, forfaiting provides a unique international solution for
large orders for parts and equipment where customers are seeking
very extended terms of payment (1 year-10years). For
orders of $1,000,000 to $10,000,000 or more to creditworthy
international customers, forfaiting can provide a ready solution
allowing your company to book cross-border business which you
previously thought virtually impossible.
How Can I Find Out More?
International
trade finance is growing in importance daily nationwide and DMS
now makes available its free publication, International
Trade Solutions to assist small and mid-size
business entrepreneurs in learning more about the substantial
benefits offered by our international trade finance department.
To order your complimentary copy, simply complete the
international
report request form in our new client application
area.
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