What is purchase order financing?
Purchase order financing is a funding solution that helps businesses pay suppliers for large customer orders. Blaze Allen can cover your cost of goods so you can fulfill the order without using your own working capital. It’s ideal for growing businesses with limited cash flow.
How does purchase order financing work?
When a large purchase order is received from a customer, Blaze Allen will pay your supplier directly for the goods needed to fulfill the order. Once the order is delivered and invoiced, your customer pays Blaze Allen, who then sends you the remaining balance minus fees. This allows you to accept larger orders without needing upfront capital.
Who qualifies for purchase order financing?
PO financing is ideal for businesses that sell finished goods to other businesses or government entities. To qualify, you typically need a valid purchase order from a creditworthy customer, reliable suppliers, and profit margins high enough to cover financing fees. Contact us today to see if you qualify.
How do I know if I need purchase order financing?
If your business is struggling to cover supplier costs for large, confirmed orders, then purchase order financing is an ideal solution. Not sure where your cash flow stands? Download our free cash flow projection tool to estimate your future daily balances and determine whether PO financing should be part of your financial toolkit.
