mdfurniture

 

payments

Page history last edited by Anonymous 2 yrs ago

Payments

 

1. FLOW

 

 

Ideal situation = just pay for furniture when it arrives in USA (30 days after receiving furniture in my warehouse)

 

Importer transports goods to warehouse + inspects product for quality, repacks and delivers to customer somewhere in the USA (normal timeframe = 2 - 4 weeks). Importer pays for local truck, warehouse, customs clearance, inspection, insurance and then final delivery to customer.

 

The final customer is then billed for the balance + trucking ...and is given 30 days to pay final bill (if sold on account, which is very common in the USA).

 

Importer has cash flow gap of 6-8 weeks between time of making final payment to manufacturer + time importer received final payment from customer.

 

To pay for this gap - Importer need Cash Flow Financing

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