What It is:
Purchase order financing is a unique Financing Program that allows manufacturers and wholesalers to receive up to 100 percent of the funds needed to fill an order when they are unable to do so on their own. This happens for any number of reasons, but is commonly due to cash constraints or lack of credit from suppliers.
Who should use this:
Small to medium sized businesses that might not have the capacity or credit to fill a larger-than-usual order. This type of financing agreement allows companies to be able to take advantage of larger orders – such as one from a big box retailer like Wal-Mart, without having to tie up too much capital, or capital they do not have.