Purchase Order Financing
Purchase Order Financing: An Attractive Funding Option
These days smaller firms and entrepreneurial businesses are looking at alternative financing options to obtain the funding that they need to grow. One such alternative finance option is purchase order financing.
Purchase order financing is an option for businesses that need capital to complete customer orders, especially pre-sold orders. This type of financing gives you the ability to have pre-sold items delivered to your clients from your buying sources even before you generate a billing invoice.
Our company, Lendior, is a leader in providing purchase order financing to small- and medium-sized companies, even if you are just starting up.
Why Purchase Order Financing Can Make Good Business Sense
Purchase order financing can make a great deal of sense for many businesses. Here are some of the benefits:
- Receive quick and highly flexible funding
- Grow your business as you see fit
- Fulfill orders that are larger than the usual size
- Retire or restructure debt as needed
- Open up a new product line or niche market
- Make deliveries on customer orders on time
Reach Out To Us Today
Here at Lendior, we have a knowledgeable and courteous staff that would like to speak with your today. If you are interested in obtaining purchase order financing and still have questions that you’d like answered, then we are ready to help.
Help Your Enterprise Succeed With Accounts Receivable Financing
Cash flow is a critical resource for any business. Sometimes, its growth can happen faster than its cash flow can keep up. You already have a current asset – your unpaid customer invoices. But what if you could convert them to cash now? Lendior’s accounts receivable financing provides cash within 24 hours without incurring long-term debt. Whether for production or other vital needs, this funding tool can supply the money your company needs.
How Financing Receivables Works
Your unpaid customer invoices are liquid assets with value. You typically wait between 30 and 90 days for customers to pay, depending on your invoicing terms. When you need to meet production quotas or cover operating expenses, you can’t wait that long. But with receivables financing, you don’t have to. You sell those invoices to us at a discount and get your cash within 24 hours plus other excellent benefits:
- No fixed payments necessary
- No personal guarantees or recourse
- No-cost credit insurance for eligible customers
Receivables financing is convenient, fast and scalable. As your sales revenues increase, you can get more funding from your unpaid invoices. You’re also free to use the money for your business as you choose.
Apply for Funding Now
Accounts receivable financing is just one optimal solution from Lendior. We have many more financial tools for small businesses. Contact us today to speak with our certified financial specialists.