Purchase Order (P.O.) Financing ensures that customer orders are fulfilled on time and is available to select ExpoCredit clients by advancing working capital against a purchase order for finished goods. The transaction is later converted to an A/R Financing agreement.
P.O. Financing takes the concept of factoring a step further. For example, ExpoCredit as the finance firm will pay vendors directly based on the value of the P.O. generated. The product can then be manufactured, and delivered directly to the end customer. With the goods delivered and “sold,” the P.O. is converted into an Accounts Receivable invoice. ExpoCredit’s P.O. Financing ensures businesses have the cash necessary to pay their vendors on time and even qualify for supplier discounts for prompt payment. ExpoCredit is one of the few companies capable of providing alternative funding options such as P.O. Financing wherever the customers are—whether in the U.S. or abroad.