Pearl River, New York – April 20, 2020 – Jani Financing & Investments Inc. announced today that they will be providing Supplier Credit Financing for companies worldwide. Their Managing Director, Ronak M. Jani, stated that the financing can be utilized for completing open purchase orders, export factoring, and even monetization’s of standby letters of credit.
Just in 2019, Jani Financing & Investments had arranged over USD$15 Million towards pharmaceutical chain account receivables financing. And in 2020, they have arranged commitments well over USD$30 Million for pharmaceutical and other companies in India.
Supplier credit financing can be utilized for companies throughout the medical industries from pharmaceutical, nutraceutical, medical manufacturing, etc. It can also be utilized for other manufacturing industries such as automobile parts, agriculture, hospitality vendors, franchised restaurants, distribution facilities, and many others in international commodities trading.
Jani Financing & Investments focuses on companies that have a net profit margin of at least 5% or more, and review s transactions mainly between USD$5 Million to USD$50 Million. This form or financing is available for companies with bankruptcy filings.
Even during the economic conditions of Covid-19, Jani Financing & Investments is able to provide worldwide supplier credit financing. Major benefits from this from this financing are that there are no credit checks, and no liens put onto the businesses or real estate. This means that even companies with large first and second liens are still able to obtain supplier credit financing through Jani Financing & Investments.
According to Mr. Jani, he believes that supplier credit financing will be the essential source of financing during this worldwide recession.