Blog Detail
Purchase Order Financing Blog
http://purchase-order-financing.blogspot.com/
Covers the goings of the purchase order finance industry. The author owns a small purchase order finance company in the South East.
Recent Posts
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 orde...
More documents please! Why is the po financing company asking for more docs?
One of the reasons companies survive in the business financing industry is because they are careful. Having to fill out an application and providing lots of information is just part of how things are done. It's not uncommon for prospects to groan whe...
PO Financing vs. Production Finance
One common mistake that prospects make is to confuse purchase order financing with other forms of financing, such as production finance. The confusion is understandable, the name "purchase order financing" sounds intuitive and many people assume that...
Why do Purchase Order Financing Applications require Personal Information?
Many clients are usually perplexed when they find out that many purchase order financing companies require that they submit personal information about the owners as part of the application. "Why?", they ask. "I am not asking for financing for me, but...
Why PO Financing Does Not Mix with Bank Financing?
Lately, I have been getting calls from prospects that have a line of credit or business loan and want to add PO financing to their business financing mix. It seldom works.The reason is simple. A purchase order financing company usually secures their ...
One Bright Spot in Employment
One of the leading economic indicators, in my option, is the level of employment in the temporary staffing industry. It's a "leading" indicator because it goes up (or leads) ahead of conventional employment. The reason is simple - employers prefer to...
