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09-25-2014, 03:27 PM #1
Reputation points: 16709
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 727
We have done PO financing in the past, but in our cases the business needs to have a 3rd party manufacturer and the vendor that accepts letters of credit. And the lender will not finance a PO to purchase a building. They will only finance POs to fulfill orders.
Depends on the credit and location he may have some other feasible options
bzuniga@omegafund.com
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