Accounts Receivable Financing
Accounts Receivable Financing is a credit line extended to businesses use to finance temporary working capital needs. The line of credit lets the business borrow against current receivables and lets you draw on the line as needed. The line is paid down as the receivables are paid by vendors of the company. This financing is designed to assist businesses in the lag time between delivery and payment of goods .
Purchase Order Financing
Inventory/ purchase order financing is ideal for companies experiencing rapid growth. Demand for products are high and companies experience cash flow shortages caused by the operating cycle, the time between paying suppliers and collecting payments from customers, usually 30 to 60 days.
A purchase order financing line resolves this shortage issue by paying the cost of goods directly to their suppliers, freeing up funds for other critical expenses and giving the company time to collect their receivables.
We understand the needs of fast growing companies and we can help you with different financing options.