Purchase order financing is form of short term financing that can be utilized by businesses that need capital to produce or deliver a product or service to a customer. Like other forms of short term financing, PO financing is more expensive than a conventional bank loan. However, if you cannot acquire conventional bank financing, the cost of alternative financing is a moot point!
If paying a little more in financing costs is the difference between fulfilling an order to a key customer or losing the sale, then you do whatever it takes to make the deal work.
Companies that can benefit greatly from PO financing are: 1) new companies that have not yet established a line of credit and 2) companies who may have had financial difficulties in the past that damaged their credit ratings. Apply for P. O. Financing by filling out the short form here.
Business Money Source has funding programs that range from $50,000 to $25 million or more in PO financing. It is possible to get 100% financing of your project with the use this form of financing. Some addition criteria that the funding source will consider:
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