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Purchase Order Financing
This program offers
working capital (with little or no collateral) for the fulfillment
of purchase orders that may not have been able to fill due to
insufficient cash flow. For instance, if a company is awarded
a contract, they may not have the cash to purchase the raw materials
or goods to fill the order. Many companies are unsuccessful in
obtaining this type of financing through a bank due to their demand
of securing the loan through collateral. Banks see this type of
financing as very risky. The reason is that the
financing that banks may provide in this scenario may be used for
some other business expenditure before they are repaid. However,
our funding sources can quickly provide you the money you need to
meet your customer’s expectations allowing you to establish a loyal
long term business partnership.
How it works:
You
provide us with the purchase order and the cash that you would need to fulfill the order. We then pay your vendor or supplier up
to 100% of the cash needed to purchase the materials.
Finding approval is contingent on the
following factors: 1. Inventory. 2. The suppliers ability to
deliver the materials on time to accommodate your customers terms.
3. Accounts receivable generated from the sale of the inventory.
4. Verifying the creditworthiness of the customer who placed the
purchase. 5. Confirmation of the purchase order.
Why PO Financing:
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Helps to quickly obtain the capital
to fill purchase orders
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No accumulation of debt
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For companies that deal with seasonal
sales.
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Overcomes obstacles in support of
rapid growth
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Avoid losing business or delaying
customer orders
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Expand your business through
increased sales.
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No credit risk
Our services are
flexible and provide quick results. Call today for a free
consultation or click here to fill out an
evaluation form. No obligations!
1-866-366-FUND
info@financebridge.com
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