Purchase Order Funding Examples

Purchase Order Funding Example 1:

The owner of a business who buys goods from a supplier and sells them to Amazon and other retail hubs contacted Factor Finders- they needed funds to get their product released from their supplier.

The owner told Factor Finders their orders total around $600,000 a month. Factor Finders was able to send this business to a trusted funding partner, who was able to draft up a contract and fulfill the initial funding request in under a month.

Purchase Order Funding Example 2:

A barbeque sauce company contacted Factor Finders looking for purchase order funding. The sauce is sold to many different retailers across the United States, invoicing around $30,000 worth of sauce each month.

This would normally be a quick process, but the owner had outstanding debt and less-than-perfect personal credit. With a little bit of time and some work from the purchase order funding company, the barbecue business was able to secure the capital needed to stock the shelves with their sauce.

Purchase Order Funding Example 3:

A reselling company that works strictly with government contracts needed purchase order financing to complete their latest awarded bid. Without funding, they wouldn’t be able to purchase the products needed to do what they were contracted to do.

This is a relatively common problem that purchase order financing can fix. After hitting a few roadblocks due to external issues, the reselling company signed with a factoring company and were able to get the capital they needed in a short period of time.  

Purchase Order Funding Example 4:

A company that supplies apparel, equipment, uniforms and gear for the military, police, firefighters and paramedics needed purchase order funding after signing a new contract for a larger sum than what they normally do per month. After contacting Factor Finders, the business was set up with a factor who worked with both the supplier and distributor to finance the proper invoices and provide proper funding in under a month.