Purchase Order Financing
Sometimes you might have large orders to fill but don’t have or want to use your cash flow to pay for the supplies needed to fulfill those orders. Our Purchase Order Financing is a short-term finance option that provides capital so you can pay your suppliers upfront so your company doesn’t have to deplete cash reserves.
Purchase Order Financing allows companies to grow without increased bank debt or selling equity. It also helps you increase market share by ensuring timely deliveries are made to your customers.
Our areas of expertise include production finance for work in process and Letters of Credit for trade finance. This includes import and export transactions as well as domestic trade purchases.
Easy Qualification Process
Purchase Order Financing is very easy to qualify for as you won’t need financials or good credit to get approved.
To get approved lenders will typically do a quick review of your outstanding purchase orders that need filled. If the purchase orders are valid and the suppliers you are dealing with are credible, you can be approved regardless of personal credit history.
Do You Have Credit Issues Now?
Our Purchase Order Financing program is perfect for business owners who have credit issues. Lenders are not looking for, nor do they require good credit to qualify. You can even be approved even with severely challenged personal credit and low credit scores.
You can be approved with a personal credit score lower than 500, even if you have recent derogatory items and major collections on your credit report. Lenders truly don’t care about your personal credit, they care more about the reputation of your supplier.
This is one of the best and easiest business financing programs in existence that you can qualify for and get really good terms even if you have severe personal credit problems.
After the lenders review your purchase orders you can receive your initial approval and funding in 2 weeks or less.