Purchase Order Financing
Do you have a purchase order that you need to fulfill and need capital to pay your suppliers? Purchase order financing can provide resellers and wholesalers with the funds to complete purchase orders, enabling you to close more transactions and grow your sales.
Most resellers are limited by the amount of capital in their companies. Many times, they are forced to pass on opportunities simply because they cannot cover the additional supplier payments. Purchase order financing helps resellers by handling supplier payments related to their purchase orders. This allows them to complete the orders and grow the business.
Want an instant online purchase order financing quote? Please click here or call toll free (877) 300 3258 to speak to a representative
Purchase order financing benefits
Purchase order funding has a number of benefits and can help your business grow. Benefits include:
- Take on more - and larger - purchase orders
- Pre-delivery financing to pay suppliers
- No transaction maximums (based on your clients business credit)
- Easy to use and set up
How does purchase order finance work?
Purchase order funding can be used by most suppliers, wholesalers and resellers. It works as follows:
- You obtain a purchase order from your client
- You place the order with your supplier
- We pay your supplier
- Your supplier delivers the goods. Your client receives them
- Your client pays for the goods. The transaction is settled
Purchase order financing costs
The cost of purchase order funding varies and is based on the volume that you do, the credit worthiness of your clients and the structure of the transaction. Cost can range between 2% and 3% per month. Purchase order financing works best with transactions that have 20% or more in profit margins.
Instant quote
Want an instant online purchase order financing quote? Please click here or call toll free (877) 300 3258 to speak to a representative
Purchase order funding resources
If you would like to learn more please go to our purchase order financing resource center. Additionally, you can read the following articles: