PO Financing-Working Capital for the Global Supply Chain
Premium Technology's FinShare Purchase Order (PO) Financing System allows a financial institution to offer various types of working capital solutions to
its' customers. These solutions enable its' customers additional funding to enhance trade movement. Premium's Purchase Order (PO) Financing
System is for buyers and sellers and incorporates our full purchase order to pay
application plus the financing features of both Receivables Financing and
Payables Financing. In addition, it has pre-shipment financing based upon the
Purchase Order and/or Pro-Forma Invoice generated upon purchase order approval by the seller.
Premium Technology's Purchase Order Financing application provides discrete
tracking and viewing of information that allows both pre-export financing and post-export financing for the buyer or the seller. Pre-export financing for the
buyer lets the buyer finance items down to the sub-line item level of the purchase order. Pre-export financing for the seller will be invoice financing based
upon the Pro-Forma invoices generated with the creation of the purchase order. Post-export financing occurs after the seller's product becomes available for
shipment. The forms of post-export financing are Receivables Financing
for the seller or Event driven inventory financing for the buyer. Additional financing for the buyer during the P2P cycle happens after receipt of goods. This
financing is part of our Payables Financing product, which is based upon the buyer's payables.