Purchase Order Financing
Purchase Order Financing (or Trade Finance) is a financing option for businesses fulfill customer orders when they lack the cash flow required to cover upfront costs of production or procurement.
When an invoice cannot be produced without some level of fulfillment, and therefore traditional invoice factoring is not an option, businesses can turn to Purchase Order Financing to solve their capital needs. This type of financing is ideal for businesses experiencing rapid growth or that is in receipt of large orders but need working capital to meet the demand. It’s especially common in industries like manufacturing, wholesale, and distribution.
Purchase Order Financing Guidelines:
No minimum fico score required
Minimum Purchase Orders of $200k
Industries Served:
Manufacturing
Wholesale
Construction
Oil & Gas
Healthcare
Service Providers
Transportation
Staffing
Telecom
Utility
Energy
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