Our Purchase Order Financing is a short-term finance option that provides capital to pay their suppliers upfront so their company doesn’t have to deplete cash reserves.
Our areas of expertise include production finance for work in process and Letters of Credit for trade finance. This includes import and export transactions as well as domestic trade purchases.
Purchase Order financing allows companies to grow without increased bank debt or selling equity. It also helps your clients Increase market share by ensuring timely deliveries are made to their customers.
Many businesses use their working capital to fulfill purchase orders, which creates major cash-flow issues.
With PO financing you can be approved in less than 3 weeks even if you are a brand new startup business. Once approved, you can receive funding up to 95% of the existing purchase orders. Once again, the lender truly doesn’t care about their personal credit qualify. So even if you have horrible personal credit but have purchase orders your clients can still be approved and receive money quickly, helping significantly ease their cash-flow restraints.