When Fashion Meets Purchase Order Funding

THE CHALLENGE: This young apparel designer created a unique line of t-shirts which he presented to Urban Outfitters. Thrilled with his work, Urban Outfitters immediately placed a $40,000 test order. Expedient delivery of their order was expected, with the requirement to pay a net 30 days from the delivery plus pay the supplier upfront to cover the cost of equipment, fabric, and production. Without access to the capital needed to meet his customer’s demands, our young entrepreneur was faced with a considerable challenge.

THE SOLUTION: Premier Trade created a custom Purchase Order product to provide the immediate funds necessary to fulfill this order. Our team managed the financing process from start to finish, working with the supplier and Urban Outfitters to meet their demands and fill the order.

THE RESULT: It took less than one week to put the entire deal together and fund the order. Without this type of trade finance, our young friend may have had to pass on this fantastic opportunity to work with Urban Outfitters in a very competitive marketspace.