| Purchase Order Financing
One of the more difficult areas in which to secure business capital, the financing of large Purchase Order Financings is a specialty at Sovereign Funding Group. Our financing partners include the largest providers of Purchase Order Financing in the country.
Businesses require Purchase Order Financing for two main reasons:
The company has received a large order from a credit worthy customer & is undercapitalized so it can not fulfill it in time or at all
And/or their cost of goods exceeds their current line of credit.
For some clients, cash can be advanced on a Purchase Order Financing, allowing the business to fulfill the order and deliver the product.
Sovereign Funding Group has made available a unique product for brokers, resellers, importers and exporters that in the past may have had difficulty obtaining purchase order financing or if they have found purchase order financing , it was cost prohibitive. We are transaction driven, which means we will fund startups and businesses less than 2 years old. We look at the credit worthiness of your customer and the ability of your vendor to deliver the goods. We also will work with your current factor or asset based lender.
Take The Next Step - to see how Purchase Order Financing solution for your business can increase your company's productivity and profitability. We'll arrange a convenient time to go over your specific company needs and goals. You'll soon discover why more and more businesses are choosing Sovereign Funding Group to provide a financial solution to help you grow and prosper.
Feel free to contact us anytime for a free no-risk consultation toll-free at (877) 836-4661 or if you have any questions. |