Your Global Logistics & Financial Partner
(212) 997-01555 | trade@express-service.com
Financial Services
Express Service has redefined the role of trade financier by combining our financial services with our extensive logistical and supply chain management expertise, creating a total global supply chain finance package. Unlike traditional banks, which have strict requirements that most small to medium sized businesses cannot reasonably meet, we operate under a more flexible business model that allows us to handle the transactions that most banks would not touch. We understand the financial limitations that small to medium sized businesses face and we are committed to helping you efficiently increase working capital and reduce risk while you concentrate on building your business. Our innovative financial strategies are designed to help you grow!
Purchase Order Financing
Purchase order financing allows your business to fulfill purchase orders that you would ordinarily not be able to accept because of normal financial restraints. As an importer you routinely deal with foreign suppliers that demand advance payment on the one hand, and customers who don’t pay for the goods until 30 days or more on the other. Express Service’s Purchase Order Financing bridges this gap by providing your foreign suppliers with assurance of payment up front, without requiring you to tie up cash or other collateral for long periods of time.
As opposed to traditional bank financing options, this type of financing is easy to qualify for and can be opened quickly. The most important thing is that you have an order from a creditworthy customer.
Express Service's purchase order financing can provide up to 100% of the cost of pre-sold inventory, transportation and duty, thus improving cash flow and reducing the need for an additional equity investment. Never again pass up an opportunity because you currently lack the financial capabilities to take advantage of it.
Criteria:
While your financials are, of course, a factor in our credit decisions, these
decisions are more broadly based on a review of your company's total profile,
including:
- Talent and Management Expertise
- Bona Fide Purchase Orders
- Reliable Sourcing
- Nature of Goods Financed
- Repayment Plan
- History and Reputation in the Industry
Receivable Financing
Express Service’s accounts receivable financing can help you accelerate cash flow and improve collections from customers that owe you money. If you are unable to obtain conventional lending but have creditworthy business to business accounts receivable, we can help you find the working capital you need.
Letters of Credit
If you are seeking an easy and secure way to pay your suppliers, Express Service’s most popular product is our unique unsecured letter of credit that allows you to place orders secured by letters of credit as far in advance as you want, without the need to establish a line of credit, tie up cash, or provide a personal guarantee. You don’t have to pay for the goods until they arrive, which allows you to free up cash for more important purposes. Our unsecured letters of credit are designed with safeguards tailored to protect your interests by ensuring that your suppliers ship your goods on time and in good order.
Cargo and Freight Financing
Express Service’s Freight Bills financing will help you accelerate cash flow and improve collections. If you are unable to obtain conventional lending and have pre-sold inventory on water, we can help you find the working capital you need.
Inventory Financing
Express Service provides funding for pre-sold inventory or pays for the materials, production and service costs associated with pre-sold products.
Express Service | 1410 Broadway, New York, NY 10018 | tel (212) 997-0155 | fax (212) 997-4385 | trade@express-service.com
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