Receivables and purchase-order finance
- Receivables
- Coral buys invoices and advances an agreed portion based on the credit strength of the customer, then manages receivables and collections.
- Purchase orders
- PO financing supports confirmed customer orders and can involve international or domestic suppliers, commonly through bank letters of credit.
- Borrower profile
- The described PO clients include importers and outsourced manufacturers distributing finished goods in the US or Canada.
Provider sources: Receivables and purchase-order finance official source · Receivables and purchase-order finance official source
