Purchase Order Financing
Purchase order financing for your ongoing purchase orders which is
setup in concert with a factoring facility. What would fashion designers
apparel garment or textile companies do when some suppliers want them to
pay cash on delivery while their customer wants to pay 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.
Click here to get the simple process started
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.
This Purchase Order Finance facility can complement an Account Receivable Funding facility.
You want additional funding to finance single or multiple transactions with creditworthy customers
Then our Receivables Funding Facility is the best solution. You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods. You invoice us for the goods at an agreed discount and we advance you up to 85% of the value of your invoice. We invoice your buyer for the full amount and collect payment according to your agreed terms. We pay you the balance less our administration fees and cost of money used, once payment has been received.
Purchase order financing for fashion
Our purchase order finance options offer flexibility to companies in the fashion industry including:
If you would like to speak with one of our Purchase Order Financing professionals simply complete our Short-Form. For more information, please contact us at anytime.
Start The Process