Most U.S. importers work with Chinese suppliers in order to hit the price points they need to be competitve when selling to US retailers, but trade finance is some times not sufficient or even available.
The key to US importers success is Cash-flow...having enough working capital to pay the Chinese supplier up front while also providing terms to their US customers that demand it. In the US, if someone did not know better, the granting of credit appears to have become a part of a Business's Bill of Rights?! For many businesses, this can hurt cash-flow.
There are many advanced trade financing and credit techniques that our firm has pioneered in providing meaningful and quick solutions to trade financing of goods and working capital issues that small to medium size businesses endure.
Our firm, 1st PMF Bancorp (www.PMFbancorp.com ) was and still is the first US finance company to open fully functional branches in China to support our US and Chinese clients conduct trade by providing the financing.
Stay tune for more on the specific techniques to trade finance your business without cash-flow woes.
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