Purchase Order Funding
Purchase order financing services for well-seasoned companies and start-ups. Purchase order financing is ideal when certain suppliers want you to pay cash on delivery while your customer wants to pay you net 30 to 60 days. Meanwhile, labor, packaging and shipping costs all have to be met. Our PO funding service can make your deals not only possible, but profitable.
You have a confirmed order from a creditworthy
customer but lack the cash to fulfill it. We can advance up to
80% of the confirmed purchase cost to your supplier. We either pay
your supplier or open a letter of credit. You deliver the goods and
we invoice your customer. We collect the invoice payment from your
customer and pay you the balance between the order value and the
amount paid to your supplier, minus our fees and cost of money used,
once payment has been received.
This Purchase Order Finance facility can complement an Account Receivable Funding facility. You want additional funding to finance single or multiple transactions with creditworthy customers, then our Receivables Funding Facility is the best solution. You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods. You invoice us for the goods at an agreed discount and we advance you up to 85% of the value of your invoice. We invoice your buyer for the full amount and collect payment according to your agreed terms. We pay you the balance less our administration fees and cost of money used, once payment has been received.
If you would like to speak with one of our Purchase Order Finance specialists simply complete our Short Form.
1 (800) 608-0530 START THE FUNDING PROCESS