Purchase Order financing
Purchase Order Financing: Everything You Need To Know
At Resource Capital Solutions, we want to help you benefit from one of the best tools for business growth. Purchase order financing is useful for large businesses, small businesses and companies in between. Get started right away and reap the benefits.
What Is Purchase Order Financing?
PO financing uses purchase orders from your customers to back financing for product delivery. Instead of worrying about ordering and shipping yourself, we take care of everything. You don’t need to buy inventory, pay suppliers or ship the items to your clients. We handle all of those things for you.
Why Use PO Financing?
There are many benefits to handling shipping and ordering in this way:
- Your customers always get their order
- Clients never have to wait for back orders
- It’s easier to manage your business
- Your business can handle large clients easily
- You don’t have to rent extra warehouse space
For many companies, purchase order financing eliminates many of the headaches related to operations. You can make your customers happy without having to guess what inventory to stock.
How Can You Get Started?
Filling out an application for PO financing is simple. You don’t need perfect credit to apply. In fact, the credit score of your customers is more important than your own.
Once you’re approved, you can submit purchase orders as much as you want. We process them quickly. To learn more, contact us right away.