Richard Eitelberg interviewed on “Happy Hour” Fox Business Network April 10th 2009
Global Toy News November 2010 Obtaining Capital: The Ins and Outs of Purchase Order Financing
Highlights This article explores Purchase Order Financing and Letter of Credit Financing as methods of providing companies with capital for production and growth. Purchase Order Financing is a borrowing approach that advances money to companies against a purchase order in order to finance the production or purchase of the goods. In this blog article, Richard Eitelberg, President and Founder of Hartsko Financial Services - a Purchase Order Financing and Letter of Credit Financing company in New York, explains how Purchase Order Financing works and the benefits that companies can achieve through Purchase Order Financing. read more
Long Island Business News August 2010 Lifelines: Purchase Order Financing Helps Small Businesses Obtain Needed Capital
Highlights Bank loans are harder to come by these days so many companies are taking advantage of the new financing trend: Purchase Order Financing and Letter of Credit Financing. These approaches allow businesses to obtain funds against purchase orders or letters of credit so they can fulfill orders, and improve their financial position.read more
Business Finance Magazine - Video July 16, 2010 In Treasury & Cash Management Expert
Interview with Adam Rotblut, CFO of Hartsko Financial Services, LLC
Community Magazine Purchase Order Financing is a Viable Financing Option For Business Owners with Weak Credit Scores
Highlights Weak credit scores can be a frustrating obstable to obtaining loans and taking advantage of other financial options but Purchase Order Financing and Letter of Credit Financing can be much more forgiving of weak credit scores and allow businesses to secure the funds that they need to operate. Hartsko Financial Services finances the purchase or manufacture of goods by lending against the purchase order or letter of credit. The amount financed can range from about $50,000 to $5 million and the terms typically range from 30 days to 120 days. read more
Forward Magazine May-June 2010 Complicated Credit
Highlights For those who can’t get their banks to tumble, there are lots of independent asset-based lenders ready to pick up the slack. Always for a price of course, and often with some pretty strict ground rules of their own. “We demand our clients have at least 30% gross profit margins,” says Richard Eitelberg, president and founder of Hartsko Financial Services, LLC, which does mainly purchase order financing and letters of credit from its offices in Bayside, New York. “And our deals usually run 90 days.”read more
The Secured Lender April 10, 2010 Factors and Purchase Order Financiers - by Richard Eitelberg
Highlights Purchase Order Financing and Letter Of Credit Financing have become a more viable option for businesses to fund transactions in the current economy. Asset-based lenders and factors who are unable to meet the needs of their clients should consider Purchase Order Financing as a means of supporting their clients need to complete transactions and maintaining good relationships with their Client. read more
The New York Times January 31, 2010 The Places They Go When Banks Say No
DealBook - The New York Times February 1st 2010 The Places They Go When Banks Say No
The Factor Guru November 2009 Purchase Order Financing - Guest Blog by Richard Eitelberg
Highlights On the surface, it may appear that Purchase Order Financiers and Factors are competing for a client’s business but, in fact, Purchase Order Financing can help Factors get more deals done. By using Purchase Order Financing, a Factor can help their clients build their businesses which ultimately translates into more opportunities for the Factor. Purchase Order Financing enables businesses to pay for goods or products that they order from a factory or plant. This allows businesses to complete transactions that they would otherwise miss out on.read more
Business Finance Magazine - Video May 12th 2009 In Corporate Finance & Tax Expert
By: Richard Eitelberg Of Hartsko Financial Services, LLC
International factoring association's webinar
about purchase order
financing and letters of credit featuring Richard Eitelberg, CPA, and
Hartsko financial services as resource expert, 8-26-09
PO Financing Video on CNNMoney.com
Fashion Manuscript Southeast Volume II, Issue I Article: Garment Company Owner's Weapon
To Make Deals Work.
By: Richard Eitelberg Of Hartsko Financial
Services, LLC
Commercial Factor Magazine Spring 2009, Volume 11, No 2
Magazine Advertisement for Hartsko Financial Services, LLC.
Long Island Business News June 23, 2009
Commercial Factor Magazine Spring 2009, Volume 11, No 2 Article: POF's and Factors Watch Each Other's Back Amidst Dodge City Retailing By: Richard Eitelberg Of Hartsko Financial Services, LLC
