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.
