Purchase Order Financing
PO funding for fashion designers apparel textile companies garment manufacturers wholesalers and distributors
Purchase order finance for fashion designers and apparel textile garment manufacturing distribution and wholesale companies. The purchase order financing option is complemented with receivables factoring.
The facility can offer capital to fashion designers and companies in the fashion business that has an established relationship with their suppliers and have ongoing purchase orders that need funding.
CONFIRMED ORDER?
You have a confirmed order from a creditworthy customer but lack the cash to fulfill it. We can advance up to 80% of the confirmed purchase cost to your supplier. We either pay your supplier or open a letter of credit. You deliver the goods and we invoice your customer. We collect the invoice payment from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received.
Fulfilling your purchase orders on time is essential for the success of your business. FashionFactoring specializes in funding purchase orders with a straightforward and simple process. What would you do when some suppliers want you to pay cash on delivery while your customer wants to pay you net 30 to 60 days? Meanwhile, labor, packaging, and shipping costs all have to be met. Our purchase order finance service exists to make your deals not only possible but profitable.
INVOICE FACTORING OPTION
Our invoice factoring facility can improve cash flow and help eliminate cash flow shortages created by aged receivables. It is designed for designers manufacturers distributors and wholesalers of the apparel fashion garment and textile industries. Below are some of the advantages
SIMPLE FACTORING PROCESS
- Complete the application process (Quick approval)
- Get approved (Documents are then signed)
- You submit invoices (Invoices are verified)
- Funds are deposited into your bank account
Here are some of the other advantages:
- Simple and straightforward application to the funding process
- Factoring facilities from $50,000 into the millions (for your continued growth)
- No more waiting 30 to 90 days to get paid by your customers
- Factoring allows you to grow your business by offering credit to your customers
- Facilities tailored to your specific needs
- Purchase order financing available
- Line of credit option (more information)
- High advances
- Competitive and attractive rates
- Flexible terms
- Purchase order financing to help fulfill your orders
- Complete online access to your account
- Perform free credit checks on your customers 24/7
- Invoicing and collections included
- Startups to well-seasoned designers
- And more
Please submit this SHORT FORM for more information. The affiliate office that handles your area will contact you shortly.