Results 1 to 4 of 4
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12-10-2015, 03:14 PM #1
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- Oct 2015
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Po Financing
Anyone willing to walk me through the process of po financing and fund this deal I have.
All who Pm and take their time I thank in advance.
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12-10-2015, 03:57 PM #2
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- Mar 2014
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Po Financing
If it's ok with you I would rather answer publicly and talk to you about the deal privately,
We are a lender that lends against po's.
P.o. Funding is not a stand alone product and almost always involves Factoring. The program is excellent for situations where the goods are shipped directly shipped to your client's credit worthy customer.
If your customer receives the goods then it becomes inventory funding and in some cases materials that are purchased May fall into the Work in Process catagory.
Like all commercial finance the devil is in the details.
Bob Shaw
rshaw@millenniumfundingusa.com
734-929-380p
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12-10-2015, 04:33 PM #3
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- Sep 2015
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- Miami, FL
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- 189
Po Financing
Happy to assist with your PO Finance scenario. As Bob stated, PO Finance must have either a factor, a Letter of Credit or Cash Against Documents in order for a lender to finance the PO and good margins.
Good Luck!
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12-10-2015, 05:05 PM #4
Reputation points: 4530
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- Mar 2014
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Po Financing
VFG, as usual.....is correct