UPS Capital Cultivates Small Business Growth by Mark Robinson | 10 / 10 / 2011

UPS Capital Cultivates Small Business Growth

by Mark Robinson | 10 / 10 / 2011

here is a highlight:

It can be difficult for small businesses to secure the financing they need to fuel growth. But funding from UPS Capital Cargo Finance® has helped one company overcome this challenge and its customers are reaping the rewards – in the form of homegrown fruits and vegetables.

Amerinada Distributors imports and distributes indoor horticultural supplies and accessories that make it possible to grow blueberries in your living room, strawberries in your den and green beans in your kitchen throughout the year.

Unlike traditional lenders, UPS Capital® uses in-transit inventory as collateral, enabling companies like Amerinada to borrow against imports that are still several weeks away from arriving in the United States. UPS Capital advances Amerinada 50 percent of the value of its in-transit inventory to help pay suppliers who want payment before goods are shipped.

About rictandag @rictandag @LVHelpGro Returned U.S. Peace Corps Volunteer, Tandag, Surigao del Sur, Republic of the Philippines 1979-1980; Financial Management training Program [FMP], G.E., Appliance Park, Louisville, Kentucky 1981-1982 Champion [two days] Jeopardy 1986 Attorney, Los Angeles, CA 1989-1995 Disabiility Rights Attorney,, Las Vegas 1998-1999 Immigration Asylum Attorney, throughout the State of Kansas 1999-2001 Supply Logistics Specialist, UPS Las Vegas, 2006- present [business] advocate for: [Gawad Kalinga, tagalog for "to give care"]
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