What is Purchase Order Finance?
Order Financing is often mistakenly referred to as Purchase
Order Factoring, Inventory Financing, and Cost of Goods Financing.
Purchase Order Financing is a method of lending that increases
cash flow by temporarily eliminating the cost of goods to
fill a purchase order. International Trade Finance’s
Purchase Order Finance program provides cash flow solutions
for your purchase orders via Letters of Credit, working capital
and complete project support. International Trade Finance’s
staff can assist in securing quality control, paying for freight,
and establishing supplier relationships in a manner that will
improve the chances of timely delivery, and reduce the risk
of trade problems.
Benefits of Purchase Order Finance
Cash Flow Solution
Companies that are experiencing growth in
customers or sales but do not have the working capital to
fill purchase orders will benefit from Purchase Order Financing.
With an increased cash flow, our clients are now able to take
on new business because of our Purchase Order Financing program.
International Trade Finance will help you to maintain trust
in your suppliers, buyers, and reduce your risky accounts.
International Trade Finance builds credit files on each of
your accounts as an essential part of Purchase Order Financing
to advise you of possible problems with your buyers.
Back Office Processing
International Trade Finance’s staff provides valuable
back office operations for our customers such as purchase
order verification, accounts payable, collections and more.
Business Credit Solutions
Purchase Order Finance is based on the credit of your buyers
and the dependability of your suppliers. International Trade
Finance is able to provide cash flow solutions when banks
and traditional lenders cannot due to a company's youth, financial
statements, or collateral.
Purchase Order Financing is a flexible financing tool. Purchase
Order Financing can provide for finished goods, raw materials,
assembly, packaging and freight costs.