What is Purchase Order Financing?
Unlike factoring which requires you to have receivables, purchase order financing is a way of getting an advance on only a purchase order.
While factoring is a great way of improving your cash flow by selling your accounts receivable, sometimes you will find yourself in a position when you need money even earlier.
With purchase order financing you can get an advance on a purchase order so that you have the funds you need to start manufacturing the merchandise or get a container released in order to fulfill the purchase order.
While most factoring companies only offer traditional accounts receivable factoring, DSA Factors is proud to offer PO financing in addition to factoring for our clients.
If you receive large purchase orders and don't have the funds available to release a container or purchase raw materials, PO financing may be the solution that you are looking for.