Non-Recourse Invoice Factoring versus Purchase Order Funding

Posted by Chris on Feb 12, 2018 in Business Tools, Invoice Factoring, Non Recourse factoring, Purchase Order Funding | Comments Off on Non-Recourse Invoice Factoring versus Purchase Order Funding |

Non-Recourse Invoice Factoring versus Purchase Order Funding

By the number of calls we receive at BusinessCash.com, there is much confusion about Non-Recourse Invoice Factoring versus Purchase Order Funding. In this article, we will walk you through the steps of how each one them works. We will also tackle which type of companies each financing option applies. What is Non-Recourse Invoice Factoring? Non-Recourse Invoice Factoring is a financial agreement between your business and a factoring company for financing based on accounts receivables against cash. It is available to any company that bills...

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Purchase Order Funding & Vendor Guarantees: Your Fast Way to Constant Working Capital

Posted by Chris on Oct 13, 2017 in Purchase Order Financing, Trade Finance, Vendor Guarantee | Comments Off on Purchase Order Funding & Vendor Guarantees: Your Fast Way to Constant Working Capital |

Purchase Order Funding & Vendor Guarantees: Your Fast Way to Constant Working Capital

Satisfied customers are vital for any company to survive in the business world. To keep your customers happy, you need not only to have impeccable service but also the required goods available just in time (JIT). If you are a product reseller or distributor and need capital to deliver a large purchase order, then Purchase Order Financing can be a solution to fuel your business, deliver your orders, and grow your business. PO funding gives you the ability to have goods available for your clients even before generating an invoice. Likewise,...

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Free On Board (FOB): A critical variable for the Purchase Order Financing of any shipped or imported goods

Posted by Chris on Oct 9, 2017 in Manufacturer Financing, Purchase Order Funding | Comments Off on Free On Board (FOB): A critical variable for the Purchase Order Financing of any shipped or imported goods |

Free On Board (FOB): A critical variable for the Purchase Order Financing of any shipped or imported goods

Free On Board is a trade term indicating whom of the seller or the buyer is liable for the goods while being shipped between the two parties. Frequent reference to this is FOB. In most cases, the supplier pays the shipping costs. This includes the insurance costs and covering fees from the production point to the delivery destination. Once delivered, the buyer is responsible for the goods. What does the Free On Board involve? FOB defines the supply chain point where the seller relinquishes ownership of purchased goods and where the buyer...

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Benefits of Purchase Order Financing

Posted by Chris on Aug 25, 2013 in Business Tools | 0 comments |

Are you are a product importer, jobber, reseller or distributor?  Do you need capital to deliver a large purchase order?  Purchase order financing is an excellent factoring program. It allows your business to obtain the working capital to deliver your orders.  PO Financing is all about growing your business in ways that were not previously possible. Benefits of Purchase Order Financing Purchase Order Financing (PO Financing) is not a loan PO Financing Pays Your Suppliers or gives them Payment Guarantees PO Financing allows you to...

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Purchase Order Funding vs Invoice Factoring

Posted by Chris on Feb 18, 2013 in Business Tools, Invoice Factoring, Purchase Order Funding | 0 comments |

For many business owners, cash flow can be a routine problem. It is no secret that businesses need cash to pay employees, buy supplies, and pay for shipping orders. So, where can a company get the funds it needs? Some try turning to purchase order funding instead of using invoice factoring. This is not always the best solution. Here is why. To begin, we must first understand that these are not the same. What is Invoice Factoring? Virtually any company that bills its creditworthy customers and clients can use Invoice factoring. However, it also...

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Contract Purchase Program

Posted by Chris on Aug 28, 2012 in Business Tools, Consumer Factoring, Credit & Collection, Installment Financing | 0 comments |

Contract Purchase Program

Whether you are providing your customers with a delivered product or a future service, BusinessCash provides flexible solutions for funding your installment contract portfolio. We can purchase your seasoned portfolio, as well as new originations as you make a sale. Additionally, we are one of the very few firms that may offer to purchase your bad debt. Even if you do not currently need to finance your receivables, it is prudent to have them serviced by BusinessCash.com so that you can have quick access to cash if the need...

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The Ins and Outs of Purchase Order Financing

Posted by Chris on May 22, 2012 in Purchase Order Funding | 0 comments |

The Ins and Outs of Purchase Order Financing

There is a general misunderstanding of Purchase Order Financing. Let us discuss whether it is applicable to your situation, also, on what you can do to qualify for Purchase Order Financing or PO Funding. You should distribute or wholesale a product Purchase Order Financing is designed to either buy the goods for you or give your vendor confidence that they will receive a payment if they perform properly. A PO Funder can write a letter of credit payable to your supplier, or they can give your supplier a Vendor Guarantee. Such vendor guarantee...

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