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Purchase Order Funding for
Imports:
GATEWAY provides purchase order funding for
purchase of pre-sold goods. GATEWAY usually
does this by opening Letters of Credit on behalf of our clients to
international and domestic suppliers. GATEWAY, at client's request, may advance cash to
pay deposits, freight, duty and warehousing. GATEWAY
charges a buying commission based
on the duration of the transaction and interest on any
funds when expended.
Purchase Order Funding for Exports:
GATEWAY provides purchase order funding for
purchase of pre-sold goods where our client has
either an acceptable letter of credit from the purchaser
or other acceptable repayment mechanism in place.
GATEWAY will open letters of
credit or advance funds to the clients suppliers on behalf of our
client to procure the goods for export. GATEWAY charges a buying commission based on the duration
of the transaction and interest on any funds when
expended.
Transactional Equity:
GATEWAY provides transactional equity to fund the
purchase of pre-sold manufactured or complex assembled goods.
GATEWAY does this by opening Letters of Credit on behalf
of our clients to international and domestic suppliers, by cash
advances to suppliers or our client and vendor
guarantees. Rather
than seeking equity in the firm for providing
working capital GATEWAY will request reimbursement of
direct costs and a participation in the gross profit of the
transaction. |