I need funding.... Fast!

We pride ourselves of being able to move fast. As you can imagine though, speed is in the eye of the beholder. One thing that we find concerning is when we get a call from a client that needs funding in a week or two because they committed to an order that they can't deliver without funding.

Here is the typical scenario we see often. We get a call from a prospect saying they have a great opportunity. During the conversation, it becomes clear they have already made the sale and committed themselves to making a delivery. However - they can only perform if they get purchase order financing. And they need it fast! Within a week or two, because the clock is ticking..... Otherwise, they order falls through.

I consider this scenario very very risky. They have committed themselves without the certainty that they can perform. Many times, the end customer is not aware of this either. I suspect that many underwriters grit their teeth when they see this scenario and also wonder what other risks this company is taking......

A safer strategy is to try and get purchase order financing (or your other type of business financing) before you win the transaction. That puts you in a much better position to deal with any unexpected problems, such as delays.

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Looking for information on purchase order financing? Read the purchase order financing section of factoring articles, or the purchase order finance blog

Purchase Order Funding - Information

Are you researching purchase order funding? I have found that many readers come to this blog to research purchase order funding. Since we have a number of resources available on the subject, I wanted to make your life easier and share a few articles with you:

1. What is purchase order financing?
2. Purchase order financing for distributors and wholesalers
3. Importing goods from China? Consider purchase order financing
4. Growing your import business with purchase order financing

This is just a small sampling of articles from the po funding resource area, there are certainly more articles at the location.

Of course, you can also learn a lot just by reading this blog!
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Looking for information on purchase order financing? Read the purchase order finance blog