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GENERAL INFORMATION
Type of Business: Purchase Order Finance
In Business Since: 1991
Description/Services:
The Purchase Order Finance Group of Wells Fargo Capital Finance assists companies needing a short-term solution to fund the inventory required to complete sales transactions. Our purchase order finance programs are ideal for companies where growth outpaces available working capital, seasonal sales spikes put a strain on cash flow, or inventory over-advances or in-transit borrowing is limited or unavailable.
We work in tandem with other banks, asset-based lenders, and factors to help companies receive incremental sales and profits that would otherwise be unattainable. We serve as a valuable resource for your customers through our extensive experience providing purchase order financing within a broad range of industries and our deep knowledge of international transactions.
Our purchase order finance programs:
- Offer an alternative to over-advances
- Advance up to 100% of inventory cost for approved sales opportunities
- Provide transactional credit lines ranging from $500,000 to $50,000,000 and greater
- Work with accounts receivable lending sources
For information on how to have your company listed on abfjournal.com's ABL Services Directory, contact Denise Finegan at 800.708.9373 x120 or e-mail
denise@abfjournal.com
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