Applied Capital is an Albuquerque factoring company that provides a variety of financing products including accounts receivable factoring.
1508 Plaza Encantada NW, Albuquerque, NM
BridgingFactor is a Toronto factoring company with expertise in invoice financing and lending that offers flexible factoring solutions.
2020 Winston Park Drive, Oakville, ON, Canada
Brookridge Funding is a Connecticut purchase order financing company that has been helping businesses across the US since 1995.
26 Mill Plain Road, Danbury, CT
Capital Funding Solutions is a Florida factoring company that provides fast, professional, and honest lending to a wide range of industries.
2021 Tyler Street, Hollywood, FL
Coral Capital Solutions is a New York City finance company that provides working capital solutions to small and mid-size businesses.
275 Madison Avenue, New York, NY
King Trade Capital is a Dallas, TX purchase order finance company that has provided PO financing to US and Canadian businesses since 1993.
5954 Luther Lane, Dallas, TX
Sallyport Commercial Finance is a Houston, TX factoring company that offers a full-range of working capital products for businesses.
14100 Southwest Frwy, Houston, TX

PO Financing

Purchase order financing is ideal for wholesalers, distributors and re-sellers who have purchase orders they can't fill because they lack funds. The PO finance company funds or guarantees (supplier guarantee) payment on your behalf to your supplier so you can ship goods to your customer. You invoice your customer; your customer sends payment to the PO finance company; then the PO finance company sends you the profit less fees.

Purchase order financing rates are based on the credit-worthiness of your customers, the reputation of your suppliers, the risk of the transactions, and your experience in the industry. Purchase order financing companies typically require that you have at least 20% gross profit margin in your product. Your purchase orders must be noncancellable and have no consignment or guaranteed sale terms.

Purchase order financing is always used with invoice factoring. Some PO finance companies require handling the invoice factoring as well as the PO funding. Some PO finance companies work with other factoring companies. Many factoring companies offer purchase order financing as an add-on service for clients that already factor with them. Due to its technical and risky nature, PO financing requires expertise.

PO Financing & Factoring Process

1. You send your purchase order to your PO finance company.
2. The PO Financing company pays or guarantees payment to your supplier.
3. Your supplier delivers the goods or merchandise to your customer.
4. Your customer sends payment to the purchase order financing company or factoring company.
5. The PO finance company sends you the profit on the transaction less the financing fees.

Invoice Financing
Is Quick & Easy

1. Send your invoices to your factoring company.
2. Your factoring company buys your invoices and sends you 80% to 95% of the invoice amount within 24 to 48 hours.
3. Your factoring company collects the invoices from your customer and sends you the final payment.
Invoice financing is a quick and easy process.
Choosing a factoring company.

Choosing a
Factoring Company

Choose your factoring company by looking at factors such as industry, credit size, factoring rates, contract terms, location, and customer service.

Accounts Receivable Financing

Cash Flow Solution

Accounts receivable financing virtually eliminates your collection days and speeds up cash flow to operate your business.

Receivables Management

Your factoring company handles all the accounts receivable functions including collections, accounting and reporting.

Business Credit Services

Factoring companies analyze your customers' credit scores and monitor credit limits to protect you from bad debt losses.

No Loans or Debt

Accounts receivable financing doesn't involve risky loans or debt and doesn't require you to make loan repayments.

Quick and Easy

Invoice financing is available within 5 to 10 business days and doesn’t require historical financials or spotless credit.

Peace of Mind

Receivables factoring provides business stability and allows you to focus on operating your business rather than handling cash flow problems.

FactoringClub is the most comprehensive source of information for invoice factoring companies. FactoringClub helps you find the right factoring company. Search our listings or call our factoring experts at (866) 748-7111 for assistance.