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04-29-2014, 03:04 PM #1
- Join Date
- Apr 2014
- Posts
- 20
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?
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04-29-2014, 03:05 PM #2
- Join Date
- Jun 2013
- Posts
- 351
Not in this space, you need a company that specialized in invoice factoring. Check out the IFA for more info.
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04-29-2014, 03:19 PM #3
- Join Date
- Jul 2013
- Posts
- 352
Strategic can do combo deals through their Stragic Plus arm. Lenny Leff is the contact over there.
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04-29-2014, 03:57 PM #4
- Join Date
- Apr 2014
- Posts
- 2
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
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04-29-2014, 04:30 PM #5
- Join Date
- Apr 2014
- Posts
- 20
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05-27-2014, 11:53 AM #6
- Join Date
- Apr 2014
- Posts
- 73
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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