Our purchase order finance product takes the pain away from funding the shipping time to receive your goods. Which can take up to two months, which is a lot to fund from your normal cashflow. This product allows you to access funding faster and ensure your bills get paid on time even when you are waiting on delivery.
Once the goods arrive at your business you are able to make them into your product ready to deliver to your customer.
Once delivered an invoice can be raised. At this point the Purchase order faclity will be repaid from theinvoice Finance facility, making sure you are managing the cash flow and not over leveraging your position.
All we require for this facility, after our normal credit process, are copies of your customer orders, your supplier invoices and shipping confirmation.