Free On Board (FOB): A critical variable for the Purchase Order Financing of any shipped or imported goods

Posted by Chris on Oct 9, 2017 in Manufacturer Financing, Purchase Order Funding | Comments Off on Free On Board (FOB): A critical variable for the Purchase Order Financing of any shipped or imported goods |

Free On Board (FOB): A critical variable for the Purchase Order Financing of any shipped or imported goods

Free On Board is a trade term indicating whom of the seller or the buyer is liable for the goods while being shipped between the two parties. Frequent reference to this is FOB. In most cases, the supplier pays the shipping costs. This includes the insurance costs and covering fees from the production point to the delivery destination. Once delivered, the buyer is responsible for the goods. What does the Free On Board involve? FOB defines the supply chain point where the seller relinquishes ownership of purchased goods and where the buyer...

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Factoring Manufacturing Companies

Posted by Chris on Mar 4, 2015 in Manufacturer Financing | 0 comments |

Factoring Manufacturing Companies

BusinessCash.com provides the largest manufacturing companies in the world, with working capital along the entire supply chain since 1998. We understand manufacturing companies and their supplier’s unique funding needs. Here are the top 10 largest manufacturing companies: Toyota – Automotive Volkswagen Group – Automotive Samsung Electronics- Electronics Daimler – Automotive General Electric – Engineering Ford – Automotive Hewlett-Packard – Electronics Hitachi – Engineering Nissan –...

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Invoice Factoring for Manufacturing Companies

Posted by Chris on Jan 12, 2015 in Manufacturer Financing | 1 comment |

Invoice Factoring for Manufacturing Companies

Invoice factoring for Florida manufacturing companies can often be a silver bullet for their growing working capital needs. Manufacturers are suppliers for more substantial companies, which is ideal when leveraging accounts receivables for fast funding. Factoring companies look at the credit of a manufacturer’s more significant client and don’t put much weight on the personal credit of the manufacturers themselves.  Companies from Miami to Jacksonville can significantly benefit when factoring their receivables. Florida’s...

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