A Leader in Purchase Order Financing.

Purchase order financing is short term funding used by a borrower to finance the fulfillment of sales orders or contracts with creditworthy end-customer. The terms of each purchase order financing agreement are transaction-specific, where funds for the purchase of materials and/or services needed to deliver goods to the end-customer. This can be either Work-in-Progress (WIP) transaction, where materials are purchased and then manufactured by a third party, or Finished-Goods (FG) transactions, where goods are purchased and resold to the end customer.

Benefits of PO financing
PO Financing enables our clients to fulfill their customers purchase orders, even if they are without sufficient funds or capital. It is a fast way for a client to secure funds needed to fulfill customer purchase orders and expand your business without giving up equity. It also helps ensure timely deliveries while increasing market share. PO financing enables start-up companies to grow and troubled companies to survive.

The Process

1. The customer submits a purchase order to client with all documents
2. The client submits the customer purchase order  to the PO financier for approval with all costs associated with transactions
3. The PO Financier then will make direct payments to the clients vendors so that the merchandise for the customer PO can be produced
4. The clients vendors deliver final product directly to the end customer or to a third party warehouse until shipped to end customer
5. The seller then invoices the shipment and sends invoice and corresponding copy of customer PO to the factor
6. The factor funds the invoice at his discount paying PO financier his loan plus fee
7. The factor collects from the end customer and pays client his residual left from advance

Qualifying for PO Financing :
Any company which has a purchase order from a creditworthy customer.

Fees for PO financing:
The Fees for PO Financing are transactional. We charge our fees on the cost of the product, so the higher the margin the lower the cost as a percentage of the sale.