We arranged a complete package of financing for a plus-size and missy-size designer label manufacturer based in the United States. Our client manufactures here in the US. Through separate finance partners, we arranged a line that allows our client to purchase his special fabrics and pay the local factor, and then arranged a factoring line that will take out the manufacturing loan when goods are shipped.
We arranged an international factoring line for a UK-based food importer who sells to top companies in the UK and Europe. Through this line, they are now able to boost their sales substantially over the £1,000,000 they have been selling every several months. Banks would not finance this company because of their short operating history of about one year, in spite of the experience of the principals.
Standby letter of credit for export of cocoa from west Africa into the United States
A major retailer, gave our client a substantial order for toys for the holidays, and agreed to feature the toys prominently in the holiday catalog. But the retailer's terms included the right to return 50% of the order to our client, in case sales were disappointing. Nonetheless, we were still able to arrange payment to the supplier so that the toys would arrive timely to match catalog delivery.
$7 million standby letter of credit for import of gold from Ghana to the United States, and smaller standby LC's for the same product
various letters of credit opened to Chinese electronics suppliers on behalf of a UK-based importer
Purchase order finance that included finance for work in progress at our client's facility. Our client buys inexpensive laptops and installs operating systems at his facility. Most PO finance partners will not fund deals where the borrower has to receive product, do work on it, and then ship. One of our partners WILL do that type of deal, so we were able to do a deal that is almost impossible to do.
As a postscript to the aforementioned deal, the factory has now been expanded to include refurbishing Iphones and Blackberries.
letters of credit opened to Bangladeshi suppliers for import into the United States
letter of credit opened to Chinese supplier of oilfield equipment for import into the Baltics for a Baltic trading company
letter of credit opened to a Thai rice supplier for import into Ghana
scrap metal finance (HMS 1 and 2) wherein the yard owner was paid based on an incoming letter of credit
Current projects
Arranging trade finance for an experienced importer who has moved from South Africa to the UK, where certain forms of finance are easier to accomplish.
Financing purchase of machinery to convert waste wood into wood chips for an entrepreneur who can then lease the equipment to take out our finance line.
Arranging back to back finance facility for several scrap metal dealers. Facility includes ability to fund against incoming letter of credit, and, subject to proper documents and inspection reports, an outgoing wire transfer or LC in favor of the scrap yard providing the HMS.
Arranging purchase order finance for a successful importer of premium coffee from Ethiopia.
Bridge finance for traders of unlocked Iphones and Blackberries. We are arranging finance for our client to buy from factory sources and re-sell to wholesalers.
Letters of credit for importation of frozen fish into west Africa.
