Purchase Order Financing
Capitalize on the Next Large Order.
What is P.O. Financing?
Purchase Order Finance is a unique tool used by many savvy managers to finance single or multiple customer orders. This programs eliminates the risk of losing business due to inadequate cash flow.
You receive a P.O. from your client and forward the P.O. to Greenback.
Greenback reviews the P.O. and credit quality of your Customer.
Greenback advances you immediate funds to pay for the direct costs associated with fulfilling the order.
Your goods are delivered to your customer and Greenback takes assignment of the invoice generated.
Greenback collects the funds from your clients, we pay ourselves back + our fee, and then reimburse you the difference.
In summary, our P.O. Financing program is a simple and effective tool to fulfilling large orders with little to no upfront capital.
When to P.O. Financing?
As a business owner, you know that extending payment terms to your client can be difficult as their are a lot of upfront costs associated with fulfilling an order. P.O. Financing is a unique tool that utilizes the creditworthiness of your client to provide you funding for your large orders.
You offer your customer payment terms.
You have seasonal shifts in business that result in gaps in cash flow.
You need financing but don’t have sufficient credit or collateral (e.g., property, equipment) to secure another type of financing.
You’re a quickly growing business that needs additional working capital to manage immediate cash needs.
You’re having to turn down orders due to inadequate cash flow.
“Greenback has facilitated our growth by providing the capital needed to fulfill large orders. We are also able to leverage their financing to obtain supplier discounts.”
