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Global Link Trade Services Import Finance
Make Your Inventory Work for You from Shore to Shore
Global Link Trade Services (GLTS) has established an innovative solution that allows your company to operate without the addition of significant working capital. At GLTS we understand that doing business in a global environment can add extra financial strains. That's why we work with a variety of financial institutions to facilitate immediate funding for the purchase of committed inventory, freeing up your resources and allowing you to sell on open-account terms.
Benefits to you include:
- Immediate funding for imported product
- Financing of up to 100% of goods and freight
- Longer accounts payable period for goods and freight
- Improved cash flow
- Reduced Cost of Goods Sold
- A stronger balance sheet
- Sell on open account terms
- Suppliers paid by financial institution when they ship
- Allow companies to meet their demand schedule
- Immediate release of House Bill of Lading
- Designed to work alongside existing bank lines
How Import Financing Works:
- GLTS provider begins financing against documents for payment of in-transit inventory
- A negotiable Bill of Lading is issued by Global Link Logistics (GLL)
- Factory is paid for Inventory by GLTS
- GLL provides transportation to the end recipient
- GLTS provider issues an invoice for payment
- Invoice terms are up to Net 60 after Bill of Lading is issued
Minimum Client Requirements:
- You must be a U.S. Importer
- $2 million total import volume (goods and freight)
- Individual transaction (goods and freight) minimum of $25,000, which may span over multiple purchase orders
- GLL must act as the freight forwarder
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