PURCHASE ORDERS/CONTRACTS

What was once reserved for big business is now available to America's entrepreneurs! Purchase order/contract funding is particularly beneficial for businesses working in the international markets.

This type of financing was created to meet the need of companies who turn down business because they don't have the cash flow to meet the purchase order or contract.

If you have a product that is imported or exported, purchase order funding may be one solution for you.

Purchase order funding provides unlimited capital without sacrificing equity. It can help companies who can get the purchase orders, but can't get traditional financing to produce the product.

Twenty-First Century Funding can provide 100% Purchase Order Funding! This can include the cost of production, supplies, freight insurance, import/export duties, etc.

Manufacturing
Drop Shipments
Import/Export
Any approved PO Contract.

Funding rates for Purchase Order/Contracts can be more expensive than regular factoring of invoices. Obviously, our money is at greater risk, payments take longer, and you have not yet completed the job.

How does it work?

You provide purchase orders/contracts for review, along with a list of the suppliers you use and the terms for payment to those suppliers.

We will look at the customers, the product, the credit record of the customers, the length of time it takes to invoice the product, and other considerations.

How much is needed and how fast is another consideration we will examine.

We may also complete an onsite inspection

When all considerations are completed and an agreement is made we will make payments directly to your suppliers and arrange payment directly from your customers, refunding you the difference. Even with all the factors considered, funding of the purchase orders/contracts can provide you a greater profit in the long run with an increase in business. We will work with you to provide the Purchase Order funding needed and help to move you to other financing means to increase you net profit!

HOW TO GET STARTED:

To get started, use the Purchase Order client profile sheet to gather the basic information necessary. You can either do it online, or fax it to us at (757) 877 7606. We will review it with you and help you decide if now is the right time for you to start a factoring relationship.