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10-28-2013, 08:02 PM #1
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- Join Date
- Apr 2013
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Can someone enlighten me on PO Financing?
We come across good candidates that could utilize PO financing and want to stay away from the cash advance. We could use a few more references as to who will do PO Financing -- and also what the general process involves; required docs, funding timelines, etc. Also, is it worth it to go after these deals from a profit-standpoint, or is it typically too tedious to come out on top with a decent payout? Would appreciate anyone's suggestions.
How would these be done as a typical cash advance, given the merchant is typically being paid on a certain cycle and has generally high-ticket items with a higher need for capital?