Purchase Order Financing
Source: Express Lease
Purchase order (P.O.) financing is the buying and selling of commercial purchase orders (received from business or government) at a discount
Purchase order (P.O.) financing is the buying and selling of commercial purchase orders (received from business or government) at a discount. Your P.O. is turned into cash. P.O. financing is used when a business has insufficient cash to start or complete an order or contract. This type of financing does not create debt and it does not require that the hard assets of your business be used as collateral. Therefore, the amount of cash available to you is not limited by your hard assets. We specialize in helping businesses obtain Purchase Order financing through its network of funding sources.
Purchase Order Financing Benefits
- Receive funds to pay vendors, purchase raw material and any other related payables specific to the contract or purchase order.
- Funding for direct payroll and payroll taxes specific to the contract or purchase order.
Requirements
- The minimum funding request must be for $100,000 - no maximum
- You must have reasonable Company & Personal credit.
- Your customer (account debtor) must be credit-worthy.
- Your Purchase Order must be non-concelable.
- Your company/business should have the experience required to complete the P.O.
Partial List of Businesses Eligible for Purchase Order Financing
- Heavy Industrial Manufacturers
- Light Manufacturers
- Importers & Exporters
- Apparel Manufacturers
- Retail Related Manufacturing
- Hi Tech & Computer Operations
- Distributors
Note: Companies selling to the U.S. Government domestically or abroad are also eligible for P.O. financing.
Express Lease, 3227 Planters Ridge Road, Charlotte, NC 28270. Tel: 704-814-4409; Fax: 704-708-4410.
Express Lease, 3227 Planters Ridge Road, Charlotte, NC 28270. Tel: 704-814-4409; Fax: 704-708-4410.
Express Lease, P.O. Box 771, Matthews, NC 28106. Tel: 704-814-4409; Fax: 704-708-4410.
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