A Strong Credit Rating
Branch fund’s purchase finance program is a simple strategic – flexible for a way a growing business to fund one-time purchases. The time that companies typically tap into purchase financing is when they see an opportunity for immediate growth, or to take advantage of a time-limited bulk sale through their supplier network while not wanting to tie up working capital to finance the cost of the payment. It’s a short-term financing solution that is based on your company’s financial condition and credit worthiness.
Based on Your Good Credit
If your business credit is strong, you will likely be a good candidate for our Purchase Finance Program (PFP). We’ll finance your in-transit inventory regardless of where your supplier is located, or whether the goods are for resale, inventory, or consumption. We will provide a letter of credit to your supplier if required. You receive your goods, and the transaction becomes final once you pay the PFP invoice as agreed.
How the Purchase Finance Program Works
Step one
You provide a purchase order to lender
Step Two
Lender issues a purchase order to your supplier
Step 3
Lender pays your supplier
Step Four
Lender sends you an invoice
Step five
You pay lender as per agreed upon payment term
The Benefits
- Service delivered through a local distribution network
- Ensure financing challenges won’t limit strategy and opportunity
- Get a customized and efficient financing solution that’s transparent
- Financing is based on your company’s financial condition and creditworthiness
Learn More
We would love to tell you more about PFP. Contact us today to request your application and get answers to any questions you may have.