Purchase order financing, or PO financing, is most often used by businesses for a specific transaction wherein the business needs money to acquire items needed to fulfill a purchase order they have received. As such, PO financing tends to be highly short-term, often times acting as a bridge when companies do not want to deplete their cash flow and/or also wish to gain financing that will aid in positive, long-term results without having to complete a transaction that would appear as a debt for the business. Purchase order financing is perhaps most powerful for businesses in that it allows cash to remain free for overhead and other critical business expenses. (more…)
Nurturing Business, Cultivating Hope