• Account
Receivable
Accounts
receivable refers to all invoices that have been sent to a
business' customers but have not yet been paid. Typically,
accounts receivable consist of one or more invoices. Rather
than waiting 30, 60 or even 90 days for your payment, we can
help you get cash for these invoices in 24-48 hours in most
cases.
• Letters of Credit
A letter of
credit is used for business transactions in which a business
needs to have the payment of its invoices guaranteed by a third
party (a company other than the buyer of the merchandise). When
this happens, the purchaser of the goods obtains a letter of
credit. LOC's are sometimes used in domestic transactions, but
more frequently are used in international trade. We have funding
sources who can act as originators of an LOC or purchase an
existing one.
• Purchase Orders and Contracts
A purchase
order is a formal agreement that a product is going to be bought
at a specific price. A contract is similar to a purchase order,
except that the contract document is used to order a service
rather than a product. Many times a small company cannot accept
a purchase order because they lack the funds to get the
materials or products to resell. With P.O. Funding,
KKS-GROUP can help you secure
the funding, get the contract and make money.
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