Showing posts with label shaw capital management. Show all posts
Showing posts with label shaw capital management. Show all posts

Sunday, July 24, 2011

Shaw Capital Financing on International Purchase Order Financing

For Canada, UK and beyond - On this challenging economy you are looking into new territories, markets and industry channels, some of those may be based outside the US. Unlike most purchase order financing companies, we work with businesses seeking growth in foreign markets such as Canada, Mexico, UK and Asia. Whether you are looking for PO financing in Canada, purchase order financing in Mexico or PO funding throughout the EU, our international PO financing program is designed to assist your business to grow and expand in the global marketplace.

Shaw Capital Management and Financing sharing information, tips and advice on factoring and accounts receivable financing and factoring to avoid scams and other fraudulent transactions. Information focus on the importance of choosing the right firm and understanding the intricacies of this financing alternative and what pitfalls to avoid.

What is purchase order financing

Every business faces the challenge of managing cash flow. One tool to make it easier is purchase order financing. It gives you access to working capital in a manner that is quick, convenient and affordable. Companies use purchase order funding to support an expansion, handle a large order or surge in business, and even occasionally for operating expenses. The tool is particularly well suited to newer companies that cannot get authorized for a traditional business loan. Manufacturers, distributors, importers and exporters are good examples. Lets say your suppliers want you to pay cash on delivery, but your customer won’t pay you until 60 days after they receive your finish product - a classic cash flow problem, which purchase order financing is designed to solve. Here are some other applications:

Inexperience in generating financing
Lack of working capital
Need to keep suppliers and customers separate
Desire to avoid credit risk (PO financing is not considered debt)
Immediate sales need calls for fast response
Profit opportunity
How does purchase order financing work
Purchase order financing involves issuing letters of credit to suppliers of finished or non-finished goods, based on specific, tangible goods that have been presold to a creditworthy end customer. It can help you deliver on time, increase market share, and grow without selling equity or incurring bank debt. You will need to supply financial information about your company, customer and supplier. We take care of the rest, usually offering approval and getting your short-term funding to you in as little as two weeks. You can use this cash flow management tool to meet future growth opportunities, too -once your account is set up, the process is faster still.
About PurchaseOrderFinancing.com

PurchaseOrderFinancing.com serves as the link between small businesses and the working capital they need to seize an atypically large business opportunity. This website is the newest addition to the structured finance firm founded by Dan Casey in 2002 which develops and implements creative financial strategies for commercial clients with working capital challenges. Dan Casey, Founder and CEO. A graduate of DePaul University in Finance, Dan has orchestrated an extraordinary career in starting and building businesses.

Sunday, May 22, 2011

International Purchase Order Financing - Canada, UK & Beyond

Shaw Capital Management and Financing sharing information, tips and advice on factoring and accounts receivable financing and factoring to avoid scams and other fraudulent transactions. Information focus on the importance of choosing the right firm and understanding the intricacies of this financing alternative and what pitfalls to avoid.

n this challenging economy you are looking into new territories, markets and industry channels, some of those may be based outside the US. Unlike most purchase order financing companies, we work with businesses seeking growth in foreign markets such as Canada, Mexico, UK and Asia. Whether you are looking for PO financing in Canada, purchase order financing in Mexico or PO funding throughout the EU, our international PO financing program is designed to assist your business to grow and expand in the global marketplace.
What is purchase order financing

Every business faces the challenge of managing cash flow. One tool to make it easier is purchase order financing. It gives you access to working capital in a manner that is quick, convenient and affordable. Companies use purchase order funding to support an expansion, handle a large order or surge in business, and even occasionally for operating expenses. The tool is particularly well suited to newer companies that cannot get authorized for a traditional business loan. Manufacturers, distributors, importers and exporters are good examples. Lets say your suppliers want you to pay cash on delivery, but your customer won’t pay you until 60 days after they receive your finish product - a classic cash flow problem, which purchase order financing is designed to solve. Here are some other applications:
Inexperience in generating financing
Lack of working capital
Need to keep suppliers and customers separate
Desire to avoid credit risk (PO financing is not considered debt)
Immediate sales need calls for fast response
Profit opportunity
How does purchase order financing work
Purchase order financing involves issuing letters of credit to suppliers of finished or non-finished goods, based on specific, tangible goods that have been presold to a creditworthy end customer. It can help you deliver on time, increase market share, and grow without selling equity or incurring bank debt. You will need to supply financial information about your company, customer and supplier. We take care of the rest, usually offering approval and getting your short-term funding to you in as little as two weeks. You can use this cash flow management tool to meet future growth opportunities, too -once your account is set up, the process is faster still.
About PurchaseOrderFinancing.com

PurchaseOrderFinancing.com serves as the link between small businesses and the working capital they need to seize an atypically large business opportunity. This website is the newest addition to the structured finance firm founded by Dan Casey in 2002 which develops and implements creative financial strategies for commercial clients with working capital challenges. Dan Casey, Founder and CEO. A graduate of DePaul University in Finance, Dan has orchestrated an extraordinary career in starting and building businesses.

Shaw Receives Full Notice to Proceed on Duke Energy's Dan River Combined Cycle Plant

BATON ROUGE, La., Mar 01, 2011 (BUSINESS WIRE) -- The Shaw Group Inc. (NYSE: SHAW) today announced it received full notice to proceed on a new gas-fired facility at Duke Energy's Dan River Steam Station in North Carolina.
Scheduled to begin operation in late 2012, the new 620-megawatt natural gas-fired combined-cycle generating unit will replace two older units at the facility. At the peak of construction, the project will employ more than 400 workers.
"This project demonstrates Duke's commitment to providing cleaner energy and jobs for its local communities," said Clarence Ray, chief executive officer of Shaw's Power Group. "Shaw is proud to help Duke ensure an affordable, reliable and cleaner energy supply for the future."
In March 2010, Duke awarded Shaw an engineering, procurement, construction and commissioning services contract for the construction of the new facility, and Shaw began working under a limited notice to proceed.
The undisclosed value of the contract will be included in Shaw's Power segment's backlog of unfilled orders in the second quarter of fiscal year 2011.
Also as a part of Duke's long-term plan to add new generation, modernize the fleet and maintain a diverse fuel portfolio, Shaw is constructing a new 620-megawatt gas-fired unit at Duke's Buck Steam Station in North Carolina, which is scheduled for completion in late 2011. The similarities and close timing of the two projects allow for maximum use of design replication and other synergies that are resulting in significant savings to Duke Energy.
The Buck and Dan River projects will use state-of-the art environmental control technology to minimize plant emissions. These controls, combined with the retirement of the older units on the two sites, will help reduce environmental emissions of NOX and SO2 at the sites.
The Shaw Group Inc. (NYSE: SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2010 annual revenues of $7 billion, Shaw has approximately 27,000 employees around the world and is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms. For more information, please visit Shaw's website at www.shawgrp.com.
This press release contains forward-looking statements and information about our current and future prospects, operations and financial results, which are based on currently available information. Actual future results and financial performance could vary significantly from those anticipated in such statements.
Among the factors that could cause future events or transactions to differ from those we expect are those risks discussed in our Annual Report on Form 10-K for the fiscal year ended August 31, 2010, our Quarterly Reports on Form 10-Q for the quarters ended February 28, 2010, May 31, 2010 and November 30, 2010, and other reports filed with the Securities and Exchange Commission (SEC). Please read our "Risk Factors" and other cautionary statements contained in these filings. Our current expectations may not be realized as a result of, among other things:
             Changes in our clients' financial conditions, including their capital spending;
             Our ability to obtain new contracts and meet our performance obligations;
             Client contract cancellations or modifications to contract scope;
             Worsening global economic conditions;
             Changes to the regulatory environment;
             Litigation or arbitration decisions;
             Failure to achieve projected backlog.
As a result of these risks and others, actual results could vary significantly from those anticipated in this press release, and our financial condition and results of operations could be materially adversely affected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, the occurrence of certain events or otherwise.
SOURCE: The Shaw Group Inc.
Media and Financial Contact:
The Shaw Group Inc.
Gentry Brann, 225-987-7372
gentry.brann@shawgrp.com

Sunday, February 13, 2011

Factoring and Accounts Receivable Financing Expert Tips

Shaw Capital Management and Financing sharing information, tips and advice on factoring and accounts receivable financing and factoring to avoid scams and other fraudulent transactions. Information focus on the importance of choosing the right firm and understanding the intricacies of this financing alternative and what pitfalls to avoid.
There probably isn't a day when Canadian business owners and financial managers don't hear about factoring and accounts receivable financing as a method of financing their business in Canada. Despite its growing popularity and, we can say, relative importance in the Canadian business financing marketplace this financing mechanism is still somewhat understood.
What information do business owners need to know in order to assess if factoring, also known as invoice discounting, is a viable transaction? Also, are there mistakes and pitfalls to be avoided when considering this financing strategy?
Let's examine the answers to some of those questions. You can be forgiven for trying to figure out why factoring has increased in prominence from a time when no one had almost ever heard of it! The answer to that popularity is more simply and obvious than you might think, and its simply that Canadian chartered banks are finding it increasingly more difficult to fund accounts receivable (and inventory of course) to the extent that their customers need this financing.
When you have a situation where the actual need for financing is acute, and the benefits and flexibility seems significant it is not hard to see the rise in popularity of such a financing mechanism.
First of all, 99% of the time, factoring provides your firm with a greater level of borrowing based on your accounts receivable levels. Quite of 90-100% of you're A/R under 90 days can be financed.
So is it all good news? Not necessarily, as we are always meeting with clients that have chosen the wrong type of funding or factoring, and, even worse, find them locked into contracts they cannot get out of. That is uncomfortable for any size firm as you can imagine.
As with any newer type of financing the playing field is complex. You can be forgiven for not knowing how many factor firms are out there, how they run, what their own limitations are, and, even to a certain extent, do they in fact themselves have the funding to survive, let along finance your firm. For that reason we cannot over emphasize the need to work with a credible, experienced and trusted professional in this area.
Lets talk about some of the nuances, we can call them potential 'pitfalls 'also, of picking the wrong factoring partner. For a starter if you choose a firm who itself is not well capitalized, as we said, you might find that the financing commitments made to you cannot be honored. Canadian business has never had to think that the Canadian chartered banks could be 'out of money 'but the Canadian landscape is somewhat littered with small and medium sized factor firms that do not have the financial wherewithal to support their funding commitments in all places. That just re - enforces our idea that a trusted industry expert will guide you to the best partner for your firm.
Other issues, again, we can call them pitfalls, to look for include:
- being locked into a contract
- having the total factoring cost, or pricing, not reflected properly in your term sheet
- advance rates which don't make sense relative to the price you are paying for discounting invoices
- excessive notification and intrusion with your customers, which is very prevalent in the U.S. model of factoring (Many Canadian factor firms are branches of U.S. firms)
So let's recap. It's simply that factoring is growing in popularity. It works because it is providing funding where banks often cannot. If you don't understand who you are dealing with and the various nuances of this type of financing it becomes a burden, not a solution. Investigate this great financing mechanism, but ensure you know what you are getting into. Talking to an expert always helps - that's just common sense
Stan Prokop is founder of 7 Park Avenue Financial. Originating financing for Canadian companies, specializing in working capital, cash flow, and asset based financing, the 6 year old firm has completed in excess of 45 Million $ of financing for companies of all size.

Purchase Order Financing Companies - Can They Be Creative?

Shaw Capital Management and Financing sharing information - Challenging economic times call for creative thinking.  You have burned the midnight oil cultivating new clients, new products and services.  Then it happens, you get the order.  First you celebrate, and then reality kicks in. How do I pay for this? The standard channels keep saying no: banks are shut down, friends are unwilling, and vendors are stressed to the max.  Who will support this tremendous opportunity?  

Shaw Capital Management and Financing sharing information, tips and advice on factoring and accounts receivable financing and factoring to avoid scams and other fraudulent transactions. Information focus on the importance of choosing the right firm and understanding the intricacies of this financing alternative and what pitfalls to avoid.

PurchaseOrderFinancing.com has a long history of coming up with creative financial solutions utilizing a variety of products such as PO funding, invoice factoring, & accounts receivable financing to fit your business needs.  Each transaction has unique nuances.  We try to modify our funding programs to the needs of the transaction.  Most finance companies demand the transaction be changed to fit their “my-way-or-the-highway” program.  Listening is the key to a successful relationship and what makes us stand out from other PO financing companies.  Our goal is to build a long term relationship with our client.  

Often we get the call saying: my factory says “I need…”. We discuss the transaction, needs/structure of your buyer, needs/limitations of your supplier.  Then we discuss how our funding program can work with each unique situation.  Everyone wins.   

How Does PO Financing Work. Shaw Capital Management and Financing sharing information, tips and advice on factoring and accounts receivable financing and factoring to avoid scams and other fraudulent transactions. Information focus on the importance of choosing the right firm and understanding the intricacies of this financing alternative and what pitfalls to avoid.

Purchase order financing can be easier to qualify for compared to traditional financing methods, and allows you retain full ownership of your business. You can qualify if: a) your business sells a tangible product to other businesses with a good track record of paying their bills; and b) you have good prospects for growth, usually provable by having a specific purchase order in hand.

Example, XYZ company receives a large purchase order - so large that they cannot financially afford to fulfill it. (Businesswise, they can’t afford NOT to.) By using PO financing, XYZ can ensure shipment and delivery to its customer when the finance company pays XYZ’s suppliers directly. This is usually done with a Letter of Credit. The customer gets their goods and pays the invoice to the finance company, who pass along 95% or more of the proceeds to XYZ company.

Purchase order financing is available to new and established companies with a growing business. Wholesalers, resellers and distributors are likely candidates. Bypass the investor and the banker, keep your ownership and equity, and choose the option that lets you grow.

International Purchase Order Financing - Canada, UK & Beyond

Shaw Capital Management and Financing sharing information, tips and advice on factoring and accounts receivable financing and factoring to avoid scams and other fraudulent transactions. Information focus on the importance of choosing the right firm and understanding the intricacies of this financing alternative and what pitfalls to avoid.

n this challenging economy you are looking into new territories, markets and industry channels, some of those may be based outside the US. Unlike most purchase order financing companies, we work with businesses seeking growth in foreign markets such as Canada, Mexico, UK and Asia. Whether you are looking for PO financing in Canada, purchase order financing in Mexico or PO funding throughout the EU, our international PO financing program is designed to assist your business to grow and expand in the global marketplace.
What is purchase order financing

Every business faces the challenge of managing cash flow. One tool to make it easier is purchase order financing. It gives you access to working capital in a manner that is quick, convenient and affordable. Companies use purchase order funding to support an expansion, handle a large order or surge in business, and even occasionally for operating expenses. The tool is particularly well suited to newer companies that cannot get authorized for a traditional business loan. Manufacturers, distributors, importers and exporters are good examples. Lets say your suppliers want you to pay cash on delivery, but your customer won’t pay you until 60 days after they receive your finish product - a classic cash flow problem, which purchase order financing is designed to solve. Here are some other applications:
Inexperience in generating financing
Lack of working capital
Need to keep suppliers and customers separate
Desire to avoid credit risk (PO financing is not considered debt)
Immediate sales need calls for fast response
Profit opportunity
How does purchase order financing work
Purchase order financing involves issuing letters of credit to suppliers of finished or non-finished goods, based on specific, tangible goods that have been presold to a creditworthy end customer. It can help you deliver on time, increase market share, and grow without selling equity or incurring bank debt. You will need to supply financial information about your company, customer and supplier. We take care of the rest, usually offering approval and getting your short-term funding to you in as little as two weeks. You can use this cash flow management tool to meet future growth opportunities, too -once your account is set up, the process is faster still.
About PurchaseOrderFinancing.com

PurchaseOrderFinancing.com serves as the link between small businesses and the working capital they need to seize an atypically large business opportunity. This website is the newest addition to the structured finance firm founded by Dan Casey in 2002 which develops and implements creative financial strategies for commercial clients with working capital challenges. Dan Casey, Founder and CEO. A graduate of DePaul University in Finance, Dan has orchestrated an extraordinary career in starting and building businesses.

Sunday, January 30, 2011

Shaw Names Gentry Brann as Vice President of Investor Relations and Corporate Communications Management

BATON ROUGE, La., Dec 13, 2010 (BUSINESS WIRE) --
The Shaw Capital Group Inc. (NYSE: SHAW) today announced Gentry Brann has been named vice president of Investor Relations and Corporate Communications Management.
Ms. Brann joined Shaw in January 2009 as director of Corporate Communications. In addition to her role overseeing all external and internal communications for the company, Ms. Brann assumed responsibility for Corporate Marketing at the beginning of fiscal year 2010. Before joining Shaw, Ms. Brann was vice president of Communications and External Affairs at ICF International, where she was responsible for all communications, marketing, media relations, community warning relations and legislative affairs for the state of Louisiana's hurricane recovery warning program.
"Gentry's strong communications skills and knowledge of Shaw's global business will be an asset in the critical role of Investor Relations," said Brian K. Ferraioli, Shaw's executive vice president and chief financial officer. "Combining the Investor Relations and Corporate Communications roles will allow us to communicate more effectively with all of our company stakeholders."
The Shaw Group Inc. (NYSE: SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2010 annual revenues of $7 billion, Shaw has approximately 27,000 employees around the world and is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms. For more information, please visit Shaw's website at www.shawgrp.com.
Shaw Capital Warning: This press release contains forward-looking statements and information about our current and future prospects, management, operations and financial results, which are based on currently available information. Actual future results and financial performance, could vary significantly from those anticipated in such statements.
Among the factors that could cause future events or transactions to differ from those we expect are those risks discussed in our Annual Report on Form 10-K for the fiscal year ended August 31, 2010, our Quarterly Reports on Form 10-Q for the quarters ended November 30, 2009, February 28, 2010, and May 31, 2010, and other reports filed with the Securities and Exchange Commission (SEC).Please read our "Risk Factors" and other cautionary statements contained in these filings. Our current expectations may not be realized as a result of, among other things:
  • Changes in our clients' financial conditions, including their capital spending;
  • Our ability to obtain new contracts and meet our performance obligations;
  • Client contract cancellations or modifications to contract scope;
  • Worsening global economic conditions;
  • Changes to the regulatory environment;
  • Failure to achieve projected backlog.
As a result of these risks and others, actual results could vary significantly from those anticipated in this presentation, and our financial condition and results of operations could be materially adversely affected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, the occurrence of certain events, or otherwise.