Is your small manufacturing or distribution business receiving orders from large retailers you are having difficulty filling or manufacturing because of their size? If so, purchase order finance may be a ready working capital solution for you.
How Purchase Order Finance Works
How does Purchase Order Financing (POF) Work? What does this mean for your supplier and your customers? Let’s look at an example.
Say client that places an order for a given commodity worth $100. At the same time, the supplier is charging you $70 for the same commodity and requires that payment in advance. But, you are short the funds. Enter Purchase Order Financing.
Think Purchase Order Financing is Right For You?
Sounds great, right? Well, POF is only conducted for eligible businesses. In order to be a candidate, your business has to meet the follow requirements:
One of the best ways to further explore purchase order finance and to see if its right for you and your business is to give us a call and speak with a Business Development Officer. Our knowledgeable Business Development Officers will answer your questions. We’ll even schedule a call with an underwriter. Purchase Order Financing from Blue Ridge Factors could be the answer to your fulfillment needs. To apply online click here. Or download the PDF application here.