Supplier Credit

ELIGIBILITY GUIDELINE

The client has 120 days to complete the processes. Supply chain financing, also known as "reverse factoring," is a type of financing that enables suppliers to obtain prompt payment from customers

Guideline

Time in Business - 3 Years
$25K up to $5MM Credit Facility
Set up in 3 to 5 working days after credit insurance approval
Term 12 months with annual renewal
Applicant and must be credit insurable
Loan to Value: 80%
Interest: 1.5% on a monthly bases
Annual Renewal Fee: 1.5% of the commitment Amount
US, Latam, Europe, Asia

Requirements

Client’s last 2 years Financial Statements (Audited if Available)
Client’s most recent Interim Financial Statement (YTD)
Accounts Receivables Details and Aging (30, 60, 90+)
Accounts Payables Details and Aging (30, 60, 90+)
Articles of Incorporation
Copy of principal’s ID
List of clients and the payment terms granted
Payment history with suppliers/clients
Financial Projections

Benefits

Negotiate better terms with suppliers
Mitigate country risk
Increase inventory rotation
Attend new markets
Increase sales
Take advantage of discounted pricing.
Improve payment terms
Grow within a stable working capital cycle
Improve margins enhancing EBITDA
Enhance debt position with no impact to bank debt ratios