Purchase Order Financing

I have run a small business importing flash drives into the us for 8 years or so. I had locked down a very big contract with a current client that was a NET 45 client, but sourcing electronics from China is a pay up front process. I did some research on loans, found Dave at Purchase Order Financing which was perfect. I only need the funds for 60 day, just long enough to collect payment from our client. Dave was knowledgeable and walked me through the process. We secured the funding, China got paid and we got paid. it was our biggest sale of the year, only made possible by getting the funding to cover our short term expenses. Great decision, Purchase Order Financing was clean and simple right out of the gate.

I have founded and sold several companies, so I am not a novice when it comes to entrepreneurship and making deals. Well I had an idea for manufacturing a product for the Health Care Industry and a partner and I set out to gain account and orders for our product in order to get the attention of the banks when we went to them for money to manufacture the units. Well we did an excellent job of getting hard Purchase Orders, but the problem was the banks weren't having it. They would not lend us the money against these orders! What a Joke! So we did some research and found ironically enough Purchase Order Financing in Chicago. They were able to fully fund our manufacturing needs and got us the money very quickly. Thanks so much, and for any business out there in the same situation check these guys out!

Purchase order financing was a real need for us given that we are a small business in the startup phase. The banks were less open to our funding needs but after looking around for a bit we were happy to come across these guys.