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Purchase Order Financing

The Purchase Order Financing is a short-term financing where the exporter applies to ABC in order to prepare, produce, and ship the products for export, under the export contract/purchase order (PO), provided that the payment is to be made by remittance or documentary collection. PO financing can also be called "package loan" under the remittance or documentary collection.

It offers funds required for production and preparation of goods, and enables customers to make shipment timely in accordance with the export contract, without pressure on the working capital.

1. The customer completes and submits the Application for PO Financing, the export contract/PO and other documents required by ABC.
2. ABC reviews the application and signs the Contract for PO Financing.
3. The customer repays the amount under PO financing with proprietary funds, funds raised from other sources, or subsequent financing.

1. In the case of export contracts/POs with the payment term by remittance, only contracts/Pos with the term of cash on delivery are eligible for PO financing.
2. The quality and price of the export goods shall remain stable.
3. Customers are obliged to make timely delivery in accordance with the contract.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599


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