Purchase Order Financing. Accounts Receivable Factoring  
Home | Sign In | Contact | Sitemap
 
  Menu
  Mission Statement
  The Products
  The Process
  Application

  Invoice factoring news
Factoring is a commercial   finance method in which a Small Business sells its accumulated accounts receivable / invoices due from its business transactions with its customers. Such business invoices are sold to a Factoring service company at a discount from face value so that the business does not have to wait the 30-90 days to collect on its invoices.

Factoring services helps a    Small Business pay its current obligations, establish cash efficiency and grow.


  Purchase order news
Purchase order finance programs provide the required working capital during cash flow shortfalls. Upfront cash is funded based on the business sales transactions in the form of a written purchase or sales order.  This finance option helps the business to satisfy its customer order for specific goods or the completion of a requested service.

 
Trust In Our Experience To Help You Manage Your Business
 
 
 
 

Submit your application:

bullet Click here to download the application and get started.

 

Initial Screening:

bullet Application is reviewed. Initial screening of:

- Product or Service
- Terms and Conditions of Sale
- Amount of Financing Required
- Customer
 

   

Evaluation:

bullet An in depth interview will follow the Initial Screening. Interview will focus on:

- Company Structure and Ownership
- How the Product is Obtained or Produced
- Financing Relationships, Secured and Unsecured
- Specific Purchase Orders or Invoices Under Consideration

bullet Initial contact is made with the primary source of repayment for the Invoice, Schedule or Purchase Order
bullet Supporting information will be requested.
bullet Invoices are discussed focusing on the customer, the amount and the terms and conditions of sale.
bullet Specific purchase orders are discussed including the production or procurement process. An initial Budget is formulated showing disbursements, their timing, and the expected repayment date.
bullet Once approved, a term sheet is provided detailing the amount of financing and estimated fees.
bullet Upon acceptance of terms, Legal Documentation is initiated.

 

Disbursements:

bullet Factoring

- Advances are made within 24 hours; Reserves are returned on a weekly basis.
 

bullet Purchase Order Finance

- Disbursements are made in accordance with the approved budget.
 

Repayment:

bullet Factoring

- We are repaid through the collection of the receivable from the customer. Any remaining balances are returned to you.
 

bullet Purchase Order Finance

- We are repaid when the receivable is factored with Purchase Order Solutions, Inc., sold to an outside factor or collected directly from the customer. Any remaining balances are returned to you.

 

 

 
 
 
Mission Statement | The Products | The Process | Application
Purchase Order Financing. Accounts Receivable Factoring

Copyright © 2008 Purchase Order Solutions, Inc. All rights reserved