A new or existing customer comes to you with a new large order. You just can’t make the numbers work to cover the cost of buying the goods from the supplier. Saying no to this order would hurt your growth plans and you would lose out on an amazing opportunity.
What do you do?
Purchase order financing from Gateway Trade Funding can be the perfect solution.
Purchase Order financing is quick, short-term financing used to fund goods supplied by a third-party manufacturer or distributor to fulfill confirmed, creditworthy purchase orders.
PO Finance companies help businesses by paying the suppliers directly, in most cases via a bank-issued letter of credit to ensure the goods needed to fill the order are received in a timely manner.
If you have additional questions about how purchase order funding works, or you would like to get started today, give the financial experts at Gateway Trade Funding a call at (847) 861-1720 or visit gatewaytradefunding.com.
