Providing Working Capital through PO Funding
Unlike invoice factoring which accelerates the cash from your invoices, PO Funding or Purchase Order Financing gives you the ability to have goods available for your clients from your sources before an invoice is generated. You will also hear the terms Vendor Guarantees, Supplier Financing, Accounts Payable Financing, Trade Financing, Letters of Credits or PO Funding to describe this type of working capital arrangement..
If you are a product importer, reseller or distributor, and need capital to deliver a large purchase order, then purchase order financing can be a solution to fuel your business with the cash you need to deliver your orders and grow your business. PO financing enables you to make sales that exceed your current financial capabilities.
Benefits of Purchase Order Financing
- PO financing is not a loan
- PO Financing Pays Your Suppliers or gives them Payment Guarantees
- PO Financing allows you to take on bigger orders
- Based on YOUR Client's Credit Worthiness
- Balance Sheet Issues?
- Bank Line Too Small?
- Hyper Growth?
- Need a Defacto Credit Department (Credit Protection)?
Please look through our site for both PO Funding and Invoice Factoring information on how we can help your business grow profitably.
Ready now? Here is our complete PO Funding application in word doc form. Please complete the application, include a copy of your AR aging and fax it to (561) 882-1334.
If we can answer any questions that you might have, please call us at (866) 598-4295.