Supply Chain Plus Financing™ Program at PMF provides an added level of trade financing you will not find with other commercial lenders, even at the biggest banks. 1st PMF Bancorp has been a leader and an innovator in the space of trade finance for fast growing businesses.
The main financing solutions for International Trade can be broken down into two categories…Import and Export Financing.
PMF’s products for Financing Imported Goods:
1. Issuing Letters of Credit to the foreign supplier
-PMF has its own LC desk and Office in HK that issue letters of credit
globally. PMF can provide increased purchasing leverage when little
extra collateral is available. Traditional banks will require extra collateral.
2. PO Advance financing
-PMF provides this financing product to its seasoned clients to assist them in
expanding sales for existing factored product lines with existing suppliers.
PMF’s products for Financing Exported Goods:
1. One Factor Direct Financing Process
2. Two Factor Exporting Process
-PMF belongs to a proprietary international network of more than +200 factors
and banks worldwide that provide a network for us to provide our
clients with export factoring services into any of these countries.
3. Ex-Im Guarantee
-PMF is a certified Ex-Im Bank lender that can provide guaranteed export financing
to US clients that meet the US Ex-Im Bank requirements.
PMF Bancorp has been financing businesses successfully with customized financing plans to meet most businesses needs for many years. Feel free to contact us to discuss a plan that suits your businesses needs.