Purchase Order Funding Lights Up Electronics Distribution Company

THE CHALLENGE: An electronic distribution company had everything it needed for success, except the for the capital to support its rapid growth. The client had extensive industry and product expertise, leading their customers to increase their order sizes at a rapid rate. The client had entered a strategic relationship with a well-regarded Chinese supplier and production was set to begin. But without sufficient capital available, they wouldn’t be able to meet the order and would lose out on new business.

THE SOLUTION: The owner had exhausted every funding source he knew of without success. Fortunately, he found a business consultant that knew of Premier Trade Solutions, and heard of our reputation for helping young entrepreneurial companies. Within days, Premier Trade had legal documents in the hands of the client for signatures. Documents were executed for Premier Trade’s Purchase Order and Factoring Programs, and our team quickly funded the first of many transactions.

THE RESULT: With Premier Trade’s Purchase Order and Trade Finance Program to cover the cost of production, the client was able to increase sales and have a product in various stages of production so there was never a shortage. Over a two year period, Premier Trade funded twenty-one transactions for a total of $2.7 million in business!