Purchase order financing is a working capital option for businesses that need money to complete customer orders. For many smaller firms that receive sudden large orders, there may not be enough money to pay for order fulfillment. Purchase order financing is particularly suited to businesses that sell pre-sold goods. Import-exporters, warehouses, and online sellers are examples of businesses that may particularly benefit from this type of financing.
PRM Capital is a leader in providing financing solutions for businesses all across the country. We offer purchase order financing for qualifying businesses. We are experts in production finance for work in process. We also provide letters of credit for import and export businesses and for in-country purchases.
Your business, whether it is a start-up or an established firm, may qualify for purchase order financing. Here are several reasons why you might be interested in purchase order financing: