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

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

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Factoring Manufacturing Companies

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

BusinessCash provides working capital along the entire supply chain to some of the largest manufacturing companies in the world.  In fact, we’ve been factoring manufacturing companies suppliers since 1998.   BusinessCash understands manufacturers and their supplier’s unique funding needs. Here are the top 10 largest manufacturers: Toyota – Automotive Volkswagen Group – Automotive Samsung Electronics- Electronics Daimler – Automotive General Electric –...

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Invoice Factoring for Manufacturing Companies

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

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

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