J&D Financial Purchase

Description

Purchase Order Financing is used to pay your suppliers, laborers, or other intermediaries for goods or services to generate additional sales. A company will need purchase order financing when: -You need expertise to handle the financing -You need additional working capital -You need a quick response to an immediate sales need -You don ’t want to incur additional credit risk, be it foreign or domestic -You want your buyers and sellers to not know each other -You want the opportunity to make additional profit J&D Financial understands all the above reasons and will work with you to fulfill your needs. We finance purchase orders for all types of transactions that include: -U.S. Supplier to U.S. Buyer -U.S. Supplier to Foreign Buyer -Foreign Supplier to U.S. Buyer -Foreign Supplier to Foreign Buyer Every purchase order transaction stands on its own. We look at your business history, the credit worthiness of the buyer, the ability of your supplier to produce the goods, and if the transaction is profitable for all parties. Business History We consider funding those organizations with a track record of producing goods. Your company may be young or a start-up, but your company management must have a proven track record to produce the goods. Buyers Purchase Order Your buying firm must be reputable with a good credit line. The purchase order must be verifiable. Suppliers Your suppliers must know your product and be able to produce it in time and to meet your buyer ’s terms. The supplier must be a firm with a good business history and track record of producing goods. Profitability The transaction after all expenses must make a profit for all parties. Payment of the money lent to support the transaction can come from any number of sources such as factored receivables. Purchase Order Financing is available only to qualified customers. P.O. Financing falls into two types: -Finished Goods -Non-Finished Goods Finished Goods refers to transactions where the goods are never touched by you. Usually these goods go directly from your supplier to your buyer. You never take direct possession. Non-Finished Goods are when you the seller take possession of the goods either in a raw state (such as yarn to make blue jeans) or a semi finished state (partially sewn blue jeans). In either case you must take possession of the product. Finished Goods are easier to finance than Non-Finished Goods. We will need to assess your ability to complete the transaction in processing the goods for the final shipment to your buyer. J&D Financial Corporation finances both Finished and Non-Finished purchase order financing. In order to consider P.O. Financing for your firm we will need: - Your invoice to buyer - Your purchase order to your supplier -18% - see work sheet - P&L (most recent) - Time frame to produce goods - Supplier Information - Generally we charge 5% (sometimes more, sometimes less) one time fee for purchase order financing on the gross amount to be paid by the buyer. Sometimes there may be an additional interest charge on the money advanced if the purchase order takes greater than 30 days to complete. Every purchase order pricing is individual and unique.

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