Services: Letter of Credit
Are you a product distributor or importer who needs a letter of credit to pay suppliers? If you can’t qualify for a traditional bank letter of credit, we can provide you with financing to pay your suppliers through our purchase order financing program.
Need a Letter of Credit? Do you:
Own a distributor, wholesaler, import/export business, or reseller company?
Need letters of credit to pay suppliers (not for real estate transactions)?
Turn away large orders because you lack financing?
Buy from local of foreign suppliers?
Sell to local or foreign companies (not consumers)?
Do your suppliers:
Refuse to extend you credit terms?
Demand payment terms by letter of credit, supplier guarantees, or advance payment?
Want you to pay before your customers pay your invoices?
We can provide you with the financing necessary to pay suppliers, fulfill orders, and deliver sales. Our financing program is flexible. The main requirement (or collateral) is that you have purchase orders from solid commercial or government clients. Unlike bank financing, our program is easy to qualify for and takes only days to set up.