Purchase Order Financing

For Canadian Auto Parts Suppliers

APMA is pleased to support the launch of a BDC financing program for automotive parts suppliers.   APMA has been instrumental in the creation of this program and believes it will greatly assist automotive parts suppliers in the current economic climate.  APMA acknowledges the support of BDC and the Government of Canada in the establishment of this program.

Are you in need of working capital support until production activities stabilize?

BDC's Purchase Order (PO) Financing is a flexible financing solution specifically developed for Canada's auto parts manufacturers. It provides the working capital your business needs to fill orders.

Loans between $250,000 and $5,000,000 can cover up to 80% of material costs and 100% of direct labour costs.

BDC's PO Financing can help you by providing the short-term working capital needed to fund production. It enables you to purchase inventory and cover labour costs relating to purchase orders from creditworthy clients.

Click Here for further information on this program and for application information.

APMA Market Intelligence Program (AMIP)

The APMA Market Intelligence Program (AMIP) is aimed at improving the competitiveness of Canadian automotive suppliers by providing a low cost, high benefit, business planning solution. The AMIP initiative will be powered by market intelligence databases and software of AutomotiveCompass Ltd.

AutomotiveCompass Ltd. has been selected as the provider of the AMIP market intelligence solution, combining automotive databases and proven business planning software, designed specifically for automotive suppliers and will improve access to critical market intelligence information and best practice planning tools and processes.

AMIP will help Canadian automotive suppliers improve the productivity of their planning efforts.  The AMIP innovation combines accelerating the planning and information access and analysis process, improving member support services and lowering member costs.

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