Why Use Purchase Order Financing?
Purchase Order Financing is the perfect solution for short term funding requirements. It can be used to finance the purchase or manufacture of specific goods that have already been sold. We enable this process by issuing letters of credit or providing funds that allow our clients to secure the inventory they need to fill their open sales orders.
Purchase Order Financing is used by manufacturers, distributors, importers, and exporters. It can used for payments to third party suppliers for goods, issuing Letters of Credit, and for making payments for direct labor, raw materials, and other directly related expenses.
Why you should use Purchase Order Financing:
- Insufficient Capital: If you have solid sales orders but lack the working capital to complete the transaction or continue to grow, we are your ideal solution.
- International Expertise: If your company hasn't yet developed the expertise and experience to structure import or export transactions, we have the knowledge base you need.
- Reduction of Foreign Risk: Our clients companies benefit from transferring the payment by the foreign buyer.
- Preservation of Equity: Fast growing companies often have limited options for securing working capital. We provide the capital you need and take no equity or ownership interest in your company.
- Speed of Funding: We always give our clients a quick response so they can keep their sales. We conduct a rapid due diligence and review the details of the transaction.
- Increase Profits: Our funding we let you do more business. You can grow more quickly by having the capital to do more business. We increase our clients negotiating power and they realize more profits by saving on costs by getting increased supplier credit.
- Protection of our Client's Identity: Many of our clients need transactions secured in such a way that the manufacturer and end customer do not become acquainted. For these transactions, the end buyer issues a letter of credit to our client, and we issue a letter of credit to the manufacturer.
