“LETTERS OF CREDIT
FROM PRAXIS”

Inventory purchase order financing is based on firm orders and satisfactory collateral coverage. Offshore vendors are often a cost efficient and reliable source of parts and products, but many financial institutions serving small to mid-sized businesses have limited import finance resources. Praxis has the expertise and capacity to meet your vendor requirements. Based on credit-approved orders, Praxis can arrange for international letters of credit and can issue vendor guarantees to assure you of uninterrupted vendor deliveries
on advantageous terms. We can help you focus on building the important vendor relationships that can increase open credit over time.