Gunaseelan's Articles in Financing

  • Scrap Metal Dealers And Purchase Order Financing
    The scrap metal business is tough for dealers and agents. When they order scrap for clients they have to wait around one month before it arrives and only then can they charge the client. However, they have to complete payment for the stock before the order is sent out, which means that they are only limited to selling as much value as they currently have as their cash balance on their ledger account.

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