Purchase
Order Financing
Purchase Order Financing is available to existing Factoring
clients that require extra funds to fill a large purchase
order. Express will advance up to 60% of the invoice value
directly to our client's supplier in order to purchase the
required goods.
To qualify for P.O. Financing, the client must have a good
history of sourcing or manufacturing the product. They must
be dealing with reputable suppliers and the purchaser must
be financially strong.
Purchase Order Financing is not available for new product
lines or first time customers. The client must have experience
with the product and a sales history with the customer.
There must be a legally binding purchase order in place
with acceptable payment terms. Other security may also be
required.