Purchase Order Financing

Business Factors offers a broad selection of purchase order financing to a wide variety of industries in order to free up cash and allow small to mid-sized businesses and companies to grow.

What is Purchase Order Financing? It is a short term financial solution used to finance the purchase or manufacture of specific goods that have been pre-sold by the client to its credit worthy end customer. Funding involves issuing letters of credit or providing funds that allow clients to secure the inventory they need to fulfill pending orders. This service is great for companies that have run out of the money needed to complete orders, and are tapped out for business loans or lines of credit from the bank.

Generally these transactions start in the form of a written purchase or sales order from your customer for specific goods. Our purchase order financing program funds sales transactions up to 100% of the capital requirements, allowing your company more fluidity in your cash flow, and facilitating your sales growth.

Purchase Order Financing may be for you if you’ve found yourself in one of the following situations:

• Sales growth has outpaced available working capital or bank credit lines.
• Seasonal sales spikes or growth spurts have put a sudden strain on cash flow.
• Working capital must be reserved for other departments or operations such as R&D, manufacturing, capital equipment or marketing.

So in most basic terms, what is Purchase Order Financing? It is a chance to give your company a push ahead of the competition. A way to get money for services you otherwise wouldn’t be paid for until months after it has been completed. A better solution to bank loans!

Whether you are an industry veteran or a new company, you are certain to feel financial pressure at times. When the "money crunch" hits you, we are there to help! Getting cash from us is so easy! Call us today at 888-234-6663 or apply online and we will move faster than any bank, invoice factor or other lender.