purchase order finance
FactoringDepot is now part of Corporate Finance New York. FactoringDepot offer purchase order finance options that are available to many companies including manufacturers distributors and wholesalers to help fund their purchase orders or when suppliers want them to pay cash on delivery while their customer wants to pay them net 30 to 60 days.
Meanwhile, you have to cover labor, packaging and shipping costs. Our purchase order finance options exists to make your deals not only possible, but profitable. You have a confirmed order from a creditworthy customer but lack the cash to fulfill it.
We can advance up to 80%-85% of the confirmed purchase cost to your supplier. We either pay your supplier or open a letter of credit. You deliver the goods and we invoice your customer. We collect the invoice payment from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received.
This Purchase Order Financing facility can complement an Account Receivable Funding facility. You want additional funding to finance single or multiple transactions with creditworthy customers? Then our Receivables Funding Facility is the best solution. You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods.
You invoice us for the goods at an agreed discount and we advance you up to 85% of the value of your invoice. We invoice your buyer for the full amount and collect payment according to your agreed terms. We pay you the balance less our administration fees and cost of money used, once payment has been received.1 (800) 608-0530 START THE FUNDING PROCESS