Purchase Order Financing
Purchase order finance, also known as ‘PO Finance’, provides funding for businesses with purchase orders to pay their suppliers and manage cash flow.
Purchase Order Financing is a financing option for companies that lack the funds needed to fulfill customer orders. Cash flow problems exist for many businesses, making it difficult to cover the costs of their purchase orders. Rather than turning away business, Purchase Order Finance allows your company the flexibility to fund a project with little to no upfront capital.
At Vanrock Capital, you receive 100% financing on Purchase Orders and access to the working capital needed to grow at an unlimited pace. We oversee and fund the fulfillment of orders in each step of the process, from manufacturing to shipping, and the delivery of the order to your customer. Once your customer receives their order and an invoice is sent, the financing facility then transitions into an account Receivable relationship. Meaning, we would advance the amount of the order invoice to you, so your company has immediate working capital, rather than waiting to receive payment from your customer.
Vanrock Capital Benefits to “PO Financing”
- Minimize capital constraints
- Improve your competitive edge
- Up to 100% financing for $500K – $25 million
- Fast approval and turnaround
- Same-day approval/closing in 2-5 days
- 100% financing on purchase orders
- Years in business are not a factor
- Challenged credit is a non-issue