Import Financing Options

Running an import company can be very exciting yet challenging atthe same time. As demand for cheap produced goods has increased, sohas the number of importers that are constantly growing theirbusinesses.

To be a successful importer you need three things - goodsuppliers, solid customers and the right financing. As a matter offact, having the right financing can make or break yourcompany.

Importers always play a delicate balance with their financing.The idea is to have as much financing as possible that is active(in use), backing up active purchase orders from clients. However,this delicate balance of living on the edge with financinghas its drawbacks. What happens when you get an order that exceedsor exhausts your bank financing? Unless you have a great trackrecord, it is unlikely that the bank will extend you furtherfinancing.

Your best option is to use purchase orderfinancing.

Purchase order financing can cover up to 100% of the necessary financing to deliver on a purchase order from a large client. The financing company handles the process of getting a letter of credit (or similar method of payment) and paying your supplier. This enables your supplier to deliver the product and allows you to book the sale.

Purchase order financing also allows you to increase yourpurchasing capabilities dramatically, enabling you to book ordersthat in the past may have been too big for your company. With it,you can take your company to the next level.

As a financing tool, purchase order funding is easy to use. Theprocess ofestablishing an initial account with a financing company can take a week or two. All qualified orders after the account is established can be financed in days. And, qualifying for purchase order financing is much easier than qualifying for a bank loan or line of credit. The main requirement is a purchase order from a solid commercial customer.

Purchase order financing is commonly used in conjunction withfactoring (invoice factoring). Generally speaking, factoring ischeaper that purchase order financing. So, by combining bothfinancing tools, you can lower the total cost of financing.

About Commercial Capital LLC
We specialize inbusiness financing and can provide you with aletter of credit as part of ourpurchase order financing program. For more information, call Marco Terry at (866) 730 1922.

About Commercial Capital, LLC and MarcoTerry

Marco Terry is president of Commercial Capital LLC, a leadingprovider of factoring financing to businesses. For more informationor a free consultation, please visit our web sites atInvoiceFactoring Group and factoring financing or call us at (866) 7301922.

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