ABOUT PURCHASE ORDER FINANCING
WHAT IS PPE PURCHASE ORDER FINANCE?
PPE Purchase Order Finance is a unique credit accommodation, also known as trade finance, which allows you to purchase PPE inventory without drawing on your bank line of credit. The Glove Hub USA – PPE Purchase Order Finance Program provides Letters of Credit or cash against documents to foreign and domestic manufacturers for the cost of pre-sold inventory.
REDUCE YOUR RISK IN THE FACE OF GROWING GLOBALIZATION!
Glove Hub USA’s management team and financial partner, structures its PPE Purchase Order Finance Program to help overcome the legal and financial barriers associated with international trade.
Glove Hub USA and financial partner, expedites the issuance of Letters of Credit that most foreign manufacturers (and some domestic manufacturers) require before beginning production. Prior to shipment, Glove Hub USA arranges for the inspection of goods anywhere in the world. This service ensures product quality and full compliance with your customer’s PPE Purchase Order.
ADVANTAGES THAT PPE PURCHASE ORDER AND TRADE FINANCE ADDS TO YOUR BANK FINANCING
Our PPE Purchase Order and Trade Finance programs are an additional source of capital that augments traditional lending. We offer a supplement to conventional debt, which enables companies in need of credit to significantly increase their borrowing power.
How Glove Hub USA PPE Purchase Order Program and Trade Finance Programs Augment Bank Financing:
- As opposed to banks, we are willing to provide funds for inventory in transit.
- You can purchase inventory quickly, without drawing on your bank line of credit, to fulfill orders and achieve earnings that would not otherwise be possible.
- Unlike banks, we do not block your bank lines for the amount of the issued Letter of Credit.
- You can fully utilize your bank lines and still provide your manufacturers with the required Letters of Credit.
Have more questions? Email us at info@glovehubusa.com.