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Purchase Order Financing is an excellent way for businesses to secure quick, flexible funds. It is a financing method that enables your company to purchase raw materials or finished goods that will be turned into products and sold in a relatively short period of time. Purchase order financing is short term in nature and is retired, usually by an invoice factoring lender ("Factor"), within 30 to 60 days of issuance.
Purchase order financing allows you to grow without incurring more debt, while allowing you to fufill larger orders. Specifically, it can help you if you have purchase orders but lack the necessary funds to fulfill the orders. You can now mitigate the risk of losing large orders with this method of financing. Additionally, it does not show up as debt, which may allow you to qualify for additional financing from another lending source.
Call us to see if you qualify for Purchase Order Financing... (760) 868-2099 |
The Fidelis Agency, Inc.
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