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Purchase Order Financing
Customer Order
: You receive a purchase order from a customer.
Financing Request
: You work with us to request funds to fulfill the order.
Supplier Payment
: The financing company pays your supplier directly for the goods or services needed to complete the order.
Order Fulfillment
: The supplier ships the goods to your customer.
Customer Payment
: Your customer pays the financing company directly.
Settlement
: The financing company deducts its fees and sends you the remaining balance.
Advantages of Purchase Order Financing:
Improves Cash Flow
No Collateral Required
Quick Approval
Supports Growth
Disadvantages of Purchase Order Financing:
Higher Costs
: The fees and rates can be higher than traditional financing options.
Dependancy Risk:
Over-relyance on this financing can lead to dependancy which increases risks if market conditions changes.
Less Control
: The financing company may have more control over the transaction including direct payments from your customer.
Not Suitable for all businesses:
Not the best option for business with low margins or those that don't have a steady stream of orders.
Applying is Simple
We'll talk you through it