Finance Inventory

Inventory Finance

SOLO Pays Suppliers Before You Pay SOLO

Often times, the OEM supplier is faced with manditory payment terms based on the BOL (Bill of Landing) date due to the supplier\’s financial institution, government regulation, company policy, or various other reasons.

In complete open book coordination, SOLO will agree to pay the OEM supplier before the end customer can pay SOLO. SOLO will coordinate this cost of capitol rate into an agreed upon schedule, inventory caring requirements, and build this cost into a static piece price.

SOLO Financial Product

We had a major business strategy and multiple OEM global supplier change at our plant in Mexico. SOLO’s Mexico facility was able to pull off a miraculous handling of new supplier launches in a difficult Mexico tax environment. The use of SOLO Mexico’s IMMEX was absolutely instrumental in pulling off this emergency change.