| Purchase Order Financing - [ Apply Now ]
Let us help you turn your purchase orders into invoices. Purchase Order Financing helps you pay your suppliers when you receive a large order that your current cash flow does not support. Sometimes called Purchase order funding, this method usually supplies more working capital than a small business line of credit would. Applied Capital is one of the few companies that offers both capital against purchase orders and receivables funding for your business .
As a result, we can provide as much capital as you need to fill orders with credit-worthy customers (not just the amount available through Factoring alone)
Benefits of Purchase Order Financing with Applied Capital
- Expand your availability with key suppliers
- Ensure timely deliveries to your customers
- Fulfill larger orders to increase your bottom line
- Grow your sales without increased bank debt or selling equity
- Use OUR cash to pay suppliers; use YOUR cash for marketing, additional payroll, and other tools you need to grow
The process is simple. You provide us with a copy of the order and a schedule of cash requirements to fill the order. We typically pay your vendors or suppliers directly for goods or services that you need to fill the order. Once the goods arrive with your customer, you now have an accounts receivable and the transaction converts to a Factoring transaction. We simply deduct the amount funded to your supplier and the related fee from your normal Factoring advance.
In some cases, your suppliers may be located overseas. In this case, we can facilitate payment to these suppliers through Commercial Letters of Credit. Using Commercial Letters of Credit on international transactions can protect you from many of the pitfalls of importing products from foreign suppliers. Please call us at (505) 342-1840 to find out more! |