• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Purchase Order Financing

My WordPress Blog

  • Home
  • About
  • FAQ
  • Industries
    • Government Contracts
  • Blog
  • Contact
  • 800-385-0660

PO Financing · Published on May 14, 2010 Updated on August 18, 2017

International Purchase Order Financing – Canada, UK & Beyond

International Purchase Order Financing

In this challenging economy you are looking into new territories, markets and industry channels, some of those may be based outside the US. Unlike most purchase order financing companies, we work with businesses seeking growth in foreign markets such as Canada, Mexico, China, UK and through out SE Asia. Whether you are looking for PO financing in Canada, purchase order financing in Mexico or PO funding throughout the EU, our international PO financing program is designed to assist your business to grow and expand in the global marketplace.

What is purchase order financing

Every business faces the challenge of managing cash flow. One tool to make it easier is purchase order financing. It gives you access to working capital in a manner that is quick, convenient and affordable. Companies use purchase order funding to support an expansion, handle a large order or surge in business, and even occasionally for operating expenses. The tool is particularly well suited to newer companies that cannot get authorized for a traditional business loan. Manufacturers, distributors, importers and exporters are good examples. Lets say your suppliers want you to pay cash on delivery, but your customer won’t pay you until 60 days after they receive your finish product – a classic cash flow problem, which purchase order financing is designed to solve. Here are some other applications:

  • Inexperience in generating financing
  • Lack of working capital
  • Need to keep suppliers and customers separate
  • Desire to avoid credit risk (PO financing is not considered debt)
  • Immediate sales need calls for fast response
  • Profit opportunity

How does purchase order financing work

Purchase order financing involves issuing letters of credit to suppliers of finished or non-finished goods, based on specific, tangible goods that have been presold to a creditworthy end customer. It can help you deliver on time, increase market share, and grow without selling equity or incurring bank debt. You will need to supply financial information about your company, customer and supplier. We take care of the rest, usually offering approval and getting your short-term funding to you in as little as two weeks. You can use this cash flow management tool to meet future growth opportunities, too -once your account is set up, the process is faster still.

Learn More

For further information about us and our international purchase order financing program call us toll free today at (800) 385-0660. Also check out some of our past blog posts including what is purchase order financing and purchase order financing basics.

Filed Under: PO Financing

Previous Post: « PurchaseOrderFinancing.com Featured In Entrepreneur Magazine
Next Post: PurchaseOrderFinancing.com Highlighted in Entrepreneur.com »

Primary Sidebar

Our Fast-Finance Process:

  1. You get a large purchase order from your customer
  2. We verify it, and open a Letter of Credit to pay your supplier,
  3. Your supplier manufactures and ships its goods
  4. Finished goods are delivered to your customer, who remits payment to us

Testimonials:

“They provided the funds we needed for our replication business to move to the next level. I strongly recommend them to all my business associates. ”
— Brian, Bay Area

Recent Posts

  • New look, same creative solutions
  • Purchase Order Lending – Find Your Financial Flow
  • Purchase Order Factoring – Danger Will Robinson

Categories

  • News
  • PO Financing

Contact us to learn more! 800-385-0660

Footer

Follow Us


Industries

  • Government Contracts

Navigation

  • Home
  • Contact
  • Glossary
  • Case Studies
  • Privacy Policy
  • Sitemap

Headquarters:

Purchase Order Financing
203 N LaSalle #1325
Chicago, IL 60601
800-385-0660

© 2023 · Purchase Order Financing · SUPPORTING BUSINESSES SINCE 2002