Will anybody advance off of purchase orders??
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  1. #1

    Will anybody advance off of purchase orders??

    Seems like I am getting several leads lately that are asking if we can fund off of purchase orders....

    anyone do this?

  2. #2
    Senior Member Reputation points: 12452
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    Not in this space, you need a company that specialized in invoice factoring. Check out the IFA for more info.

  3. #3
    Senior Member Reputation points: 16735
    Join Date
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    Strategic can do combo deals through their Stragic Plus arm. Lenny Leff is the contact over there.

  4. #4
    We will consider funding off of Purchase Orders IF:

    They are from existing customers and revenue is reflected in BS.
    And/or
    If the PO's represent a SIGNIFICANT increase on income.

    Please feel free to call me.

    Donald
    954-606-5968

  5. #5
    Quote Originally Posted by Donaldh View Post
    We will consider funding off of Purchase Orders IF:

    They are from existing customers and revenue is reflected in BS.
    And/or
    If the PO's represent a SIGNIFICANT increase on income.

    Please feel free to call me.

    Donald
    954-606-5968

    Donald, thank you.... one of my reps will be calling you

  6. #6
    I can do this.. (813) 403-1377

    The commissions aren't what you can get off a Cash Advance or anything.. but the loans are much less risk. So it costs the merchant less to borrow the money.

    Much easier to close and to UW than a CA btw.

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