Purchase Order Financing
Get cash today for your outstanding purchase orders
Larger Approvals, Lower Rates, Better Terms, Faster Process
Bridge gaps in cash flow by selling purchase orders.
Ready To Grow Your Business?
What Do You Need to Qualify?
No Time in Business Required
No Annual Revenue
No Minimum Credit Score
What Are The Benefits?
Convert Invoices to Cash
Access Competitive Rates
Take On More Customers
We've Secured Over $1 Billion in Funding Through Our Exclusive Marketplace
Fast Financing to Fill Your Next Order
Don't let slow cash flow stop you from taking on new customers. Learn how you
qualify for competitive rates and terms, even if your business is just getting started!
What You Can Get: Rates, Terms and Amounts
Financing Amount
Flexible Terms
Time to Fund
How Can You Use Purchase Order Financing?
There are no restrictions—use your capital to pursue any opportunity or overcome any challenge!
Business Growth
Business Expenses
Business Opportunities
What is PO Financing?
Your customer's invoice is overdue, and you're still waiting on the payment. But, your supplier is waiting for payment, and you can't risk paying late or ruining your relationship. Regardless, your packaging, shipping, product and labor costs must be met.
Does this situation sound familiar?
Purchase order financing allows you to get the cash you need to make these payments, without taking away from your working capital. This allows you to fulfill your commitment to your customer, while preserving your standing as a trusted business owner.
In order to take advantage of purchase order funding (also called invoice factoring), you first need to present proof of the delivery and acceptance of the goods, while invoicing your financier for the goods at an agreed-upon discount. Then, the lender invoices your buyer for the full amount, collecting the payment according to your agreed upon terms. After receiving the payment, the balance is paid (less applicable administration fees and the cost of money used). The process for non-finished goods differs slightly, as it involves the seller taking possession of the goods in an unfinished state.
Purchase order funding is the ideal funding option for businesses that require the cash flow to fill orders, while avoiding a tarnished reputation in the process. It's also easier than bank financing, as it hinges on the creditworthiness and financial strength of the invoiced company, rather than your own.
The Purchase Order Financing process has never been so fast, simple and easy! All you need to do is sell your customer's purchase order in exchange for the capital you need.
Why Business Credit Solutions?
- Flexible Terms
- Simple Process
- 90% Approval Rate
- No Real Estate Collateral Needed
10 Reasons Why Business Credit Solutions Offers the Best Small Business Financing
Bank | Direct Lenders | ||
---|---|---|---|
Paperwork | - 2-3 Years Tax Return - 2-3 years Financials | - 3-6 Months Bank Statements - 1 Year Tax Return - 1 year Financials | - 3 Months Bank Statements - No Tax Returns Required |
Application | - Lengthy - Paper Intensive | Multi-page Paper Application | - One page - One Minute - DocuSign® |
Number of Lenders | 1 | 1 | 75+ |
Service Level | Processor | Programmatic | Personal Advisor |
Approval Process | Weeks/Months | Days/Weeks | Hours/Days |
Speed to Funding | Months | Days/Weeks | Hours/Days |
Collateral Requirements | Always | Sometimes Required | Not Necessary |
Business Profitability | Last 2 Years | Sometimes Required | Not Necessary |
Credit Score | 680+FICO | 600+FICO | No Minimum FICO |
Credit Check | Hard Pull | Hard Pull | Soft Pull |