Purchase Order Financing
Using Purchase Order Financing for New Opportunities
One of the biggest limitations that successful new companies often face is the way that their cash flow can inhibit them from working on projects above a certain size. Often, opportunities are passed up because of a lack of access to the starting funds necessary to take on projects with a large scope, but being positioned to take advantage of those opportunities is the only way to achieve the kind of rapid growth that makes businesses successful. That’s where purchase order financing comes in.
When you finance your purchase orders, you get a portion of the value of that invoice up front so that you can get to work building or sourcing the items you have already sold. Once you do and you get paid, our Mentors collect and subtract the original advance with our fees before passing the remainder on to you. Use this for new orders to keep cash flowing and keep your business growing consistently.
Benefits of Purchase Order Financing
• Reusable for each new wave of purchase orders
• No loss of equity in your business
• No application fees
• Increase your market share by taking on larger projects more frequently
