How P.O. funding works

 

• Purchase orders are documents sent from a merchant to a provider with a request for an order

• A business sells its purchase orders to a third party to obtain the funds necessary to satisfy the order

 

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Rates are based on

 

• The security of the orders

• The length of the funding

• Your credit

 

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Questions

 

• Do you have any unfulfilled purchase orders?

• Are you currently receiving purchase order financing?

• Are you unable to make an initial payment for the order?

 

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Required documents

 

• A list of unfulfilled purchase orders

• Financial statements

 

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Good to know

 

• Purchase order financing is NOT a loan and therefore, you are not incurring any debt

• The application required to establish a purchase order relationship is much simpler than other types of financing

• With purchase order financing you can only use the funds to assist with satisfying orders

• Purchase order financing can support a single transaction and/or grow with your company’s funding requirements