[RS Capital]

Does anyone know who does PO financing?

[Kevin Henry-Seacoast]

Does anyone know who does PO financing?

RS,

There are some around depending on industry. You might want to consider financing the current assets first: Receivables, Inventory, an M&E. Most PO shops will only finance the cost of products that need to be manufactured and will want to factor out of their deal once goods are shipped to customers and invoiced. This can add to the costs of financing significantly. If you can finance the current assets to get them over the hump, you will be much better off.

KH

[RS Capital]

KH,

I agree, however in this case it is coming from overseas, China There is a 30% down and the rest at shipping. Need to cover cost of goods until customer pays, net 30 after delivery.

Thanks,

RS

[Kevin Henry-Seacoast]

KH,

I agree, however in this case it is coming from overseas, China There is a 30% down and the rest at shipping. Need to cover cost of goods until customer pays, net 30 after delivery.

Thanks,

RS

Finance the current AR and inventory in the US. Once goods are shipped finance the inventory on the water. We have done this several times and there was never a need for PO financing.

[RS Capital]

Good idea, let me see if he has A/R or inventory enough to cover the shipment...

Thanks

RS

[bgibbsfastadvance]

Hey,


How much in PO are we talking and whats the current monthly revenue? shoot me an email with the details and we can collaborate on how to move forward. bgibbs@fastadvancefunding.com