Do you have Purchase Orders for PPE products from credit-worthy customers, but lack the funds to pay for the goods to fill those orders? Is your bank unwilling to fund inventory in transit?
Due to global pandemic caused by COVID-19 there is an unprecedented need for personal protective equipment (PPE) including hand sanitizer, face masks, gloves, gowns and other critical items.
Franklin Capital has a unique PPE funding solution for manufacturers and distributors of personal protective equipment products. Our funding solutions can incorporate our successful Purchase Order, Trade Finance and Accounts Receivable Funding solutions to help with successful fulfillment.
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 Franklin Capital 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
Franklin Capital’s management team structures its PPE Purchase Order Finance Program to help overcome the legal and financial barriers associated with international trade.
Franklin Capital expedites the issuance of Letters of Credit that most foreign manufacturers (and some domestic manufacturers) require before beginning production. Prior to shipment, Franklin Capital 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.