Purchase order financing can help fashion designers and companies in the fashion industry fulfill their orders on time even if they lack the funds to pay the supplier the required monies upfront.
The facility can provide capital to fashion companies that have established relationships with their suppliers and buyers and require funding for their ongoing purchase orders. We also set up an invoice factoring facility that kicks in once you bill your customer.
CONFIRMED ORDER?
You have a confirmed order from a creditworthy customer but lack the cash to fulfill it. We can advance up to 80% of the confirmed purchase cost to your supplier. We either pay your supplier or open a letter of credit. You deliver the goods, and we invoice your customer. We collect the invoice payment from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received.
Fulfilling your purchase orders on time is essential for the success of your business. FashionFactoring specializes in funding purchase orders with a straightforward and simple process. What would you do if some suppliers require payment in cash upon delivery, but your customer prefers a net 30 to 60-day payment period? Meanwhile, you need to cover the costs of labor, packaging, and shipping.
Our purchase order finance service exists to make your deals not only possible but profitable. For more information about purchaser order financing. please submit this short form. We will contact you shortly.
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