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02-24-2022, 12:09 PM #1
Reputation points: 1018
- Join Date
- Oct 2012
- Posts
- 142
Trade Financing
FSB has partnered with a company that specializes in providing purchase order funding and letters of credit to foreign or domestic manufacturers for the cost of pre-sold inventory. Transactions range in size from $100,000 ($30,000 minimum considered for multiple transactions) to $10 million for firm purchase orders from creditworthy customers for finished goods. Given the correct criteria, they will also consider work-in-process transactions.
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