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  • Atricle Dump - How Purchase Order Financing Can Help Wholesalers and Importers

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    usiness loan. And it is tailored specifically to importers and wholesalers. It is called purchase order financing.

    What is purchase order finan

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    One of the biggest challenges for new and growing importers, resellers and wholesalers is getting a stream of orders from great clients and not being able to fulfill them because they lack the capital to do so. It is ironic, but true.

    Going to a bank for business financing will seldom help. Why? Well, banks are happy to give you business loans if you have lots of collateral. However, banks don’t consider purchase orders to be collateral. This puts you, the wholesaler, in a bind. You have the order but you can’t get the money. Fortunately, there is a solution that is better than a business loan. And it is tailored specifically to importers and wholesalers. It is called purchase order financing.

    What is purchase order finan

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    able to fulfill them because they lack the capital to do so. It is ironic, but true.

    Going to a bank for business financing will seldom help. Why? Well, banks are happy to give you business loans if you have lots of collateral. However, banks don’t consider purchase orders to be collateral. This puts you, the wholesaler, in a bind. You have the order but you can’t get the money. Fortunately, there is a solution that is better than a business loan. And it is tailored specifically to importers and wholesalers. It is called purchase order financing.

    What is purchase order finan

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    Why? Well, banks are happy to give you business loans if you have lots of collateral. However, banks don’t consider purchase orders to be collateral. This puts you, the wholesaler, in a bind. You have the order but you can’t get the money. Fortunately, there is a solution that is better than a business loan. And it is tailored specifically to importers and wholesalers. It is called purchase order financing.

    What is purchase order finan

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    This puts you, the wholesaler, in a bind. You have the order but you can’t get the money. Fortunately, there is a solution that is better than a business loan. And it is tailored specifically to importers and wholesalers. It is called purchase order financing.

    What is purchase order finan

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    usiness loan. And it is tailored specifically to importers and wholesalers. It is called purchase order financing.

    What is purchase order financing? It’s a tool that provides you the necessary financing to pay your suppliers using the purchase order as collateral. It enables you to deliver the goods, close the sale and book the revenue. When used correctly it can help owners grow their companies exponentially.

    Although po financing is a great tool, it only works from companies that buy goods from other parties (or import them) and then resell them. It also works for companies that use 3rd party manufacturing partners. Unfortunately, purchase order financing does not work for companies that do their own manufacturing.

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