Has your company received a large order that can't be fulfilled because of a lack of capital to produce the goods? OCF has a Purchase Order Funding program that gives you the cash you need.

Purchase Order financing may be a solution. It is short term funding used to finance the purchase or manufacture of specific goods that have been pre-sold by you to a creditworthy end customer.

The cash advanced under PO funding is used to pay for the upfront materials and labor necessary to fulfill the order from a quality customer. Once you produce, ship, and send an invoice for the goods - the funder will have a Factoring company buyout it's interest. The transaction then continues as a normal A/R factoring program.

The OCF Purchase Order Funding Program allows you to:

• Secure payment to a 3rd party supplier for finished goods that
  will be shipped directly to the end customer
• Receive 100% funding based on qualified pre-shipment documents, purchase orders, invoices, and/or contracts, even for international or export/import transaction
• Pay for packaging, shipping costs, duties, and inspections
• Receive financing without your company needing to prove its creditworthiness

Basic Qualifications:

• Company's customers must be creditworthy
• PO must be satisfied within 60 days
• Gross margin must be high enough to absorb the cost of funding
• Factoring relationship must be established
• Sum order of $50,000

Click Here to read an article on Purchase Order Funding.

Need purchase order funding for your business?  Call us today at 417-849-7394.

Click here to read our Accounts Receivable Invoice Factoring Blog.