Have you ever received a new order, but lacked the working capital to fill it? In this video, National’s President Joe Camberato explains how Purchase Order Financing can help you fill your next order!
PO financing is a uniquely structured program in which the lender pays the supplier for the inventory directly. Customer payments go directly to the lender, who will then deduct fees and send the remaining profit to you.
Purchase order financing offers several benefits to your business, including:
- It’s not based on personal credit
- There’s no minimum time in business required
- You might qualify for 80 - 90% advance on a purchase order
Unlike many other programs on the market, National’s marketplace offers purchase order funding for small businesses on a one-time basis—without requiring an ongoing relationship. You can finance just one purchase order or as many as you’d like—it’s entirely up to you.
While it can be helpful, Purchase Order Financing can be one of the most challenging financing programs to find today. It’s crucial to work with a company that has your best interests in mind and will work with you every step of the way.
Through many PO financing lenders, potential requirements will include:
- $100,000 minimum invoice
- Ongoing relationship (no ‘one and done’ transactions)
If you don’t meet these requirements, don’t fret! Through our 75+ lender marketplace, National can help you find a program that works for your business.
On behalf of the team here at National, we look forward to watching YOU Innovate The Way YOU Grow!
To learn more about our services, click on any of the options below:
Small Business Loans
[ Ссылка ]
Business Line of Credit
[ Ссылка ]
Equipment Financing
[ Ссылка ]
Hybridge SBA Loan
[ Ссылка ]
SBA Loan
[ Ссылка ]
Asset Based Lending
[ Ссылка ]
Business Line of Credit
[ Ссылка ]
About National Business Capital
National Business Capital is the leading FinTech marketplace offering small business financing and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real-time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time.
For every deal we fund, we donate 10 meals to Feeding America!
Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advice from National Business Capital & Services and the author. Do not rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely on this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions or mistakes.
Ещё видео!