Purchase order finance is crucial in situations where certain suppliers require immediate payment while your customer prefers a net 30- to 90-day payment schedule. In the meantime, you will need to cover the costs of labor, packaging, and shipping.
If you have an established trading history with your suppliers and buyers and have completed similar orders, our purchase order finance product could be the ideal solution. This product is complemented by an invoice factoring facility.
Confirmed order from your buyer?
You have a confirmed order from a creditworthy customer but lack the cash to fulfill it. We can advance up to 80% of the confirmed purchase cost to your supplier. We either pay your supplier or open a letter of credit. You deliver the goods, and we invoice your customer.
When combined with invoice factoring, PO funding can help companies and exporters not only make their deals possible but also profitable.
We service most industries
PO finance is a funding option that many industries use, including apparel, fashion, and textiles; distribution; manufacturing, wholesale, and others.
For more information, please submit this SHORT FORM. The office that handles your local area will contact you shortly.
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