How do you know if your sales contract qualifies for purchase order financing? First, it may be helpful to answer the question, “what is purchase order financing?“

Purchase order financing is the process of borrowing against a written sales contract between a buyer and a seller. This sales contract, called a purchase order, will detail the exact product to be sold or services to be rendered from a vendor and will specify the payment and shipping terms, delivery dates, etc. Financing is possible for both international or domestic purchase order contracts.  Read more...