Factoring, Purchase order

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Purchase Order Factoring

Purchase order factoring and financing can provide many benefits to both large-scale corporations and small but established businesses.  Some benefits of this type of factoring include:

  • Having the necessary capital available to accept large-scale purchase orders
  • Being able to finance up to 100% of supplier costs

How do the processes of purchase order invoice factoring and purchase order invoice factoring work?

  • You receive a purchase order from your client
  • Upon approval, Business Factors pays your supplier using either a supplier guarantee, cash, or letter of credit. You receive an advance on a certain percentage of the total amount.
  • Your customer receives and accepts the merchandise
  • Once we receive payment, we settle the transaction and reimburse your for the full amount, minus a small service fee

If you're ready to find out whether factoring for purchase order invoices and receivables is right for you, contact Business Factors today for a free quote and consultation.