Solve Your Funding Problems With Purchase Order Financing
Capital is essential for any business to survive. That’s especially true for wholesalers, producers, resellers and distributors. Cash pays your suppliers, keeps your operations running and ensures you’re ready to meet your customers’ needs. For startups, companies with cash flow issues or businesses without ready access to capital, purchase order financing may be the perfect funding solution.
How Purchase Order Financing Works
P.O. financing is a rather simple concept. A financing provider pays your suppliers to produce and deliver your customers’ goods. Your customers pay their invoices, from which the financing provider deducts its fees before sending you the difference. Your company delivers quality and service excellence, but it avoids incurring new banking debt.
Transcend Commercial Capital offers P.O. financing for work in process, as well as letters of credit for domestic trade purchases, import and export transactions. Our P.O. financing provides several key benefits:
- Ability to fill large customer orders
- Providing on-time deliveries
- Increasing short-term and long-term profits
- Growing your customer base
- Expanding your market share
Connecting Businesses With the Money They Need
Need fast and flexible funding? Transcend Commercial Capital is committed to helping you succeed with smart financial tools. To get started with purchase order financing or learn more about your options, get in touch with our representatives today. We look forward to hearing from you!