Purchase Order Financing 101

You did it! You got in front of the buyer for your dream retailer-cue the celebrations. But, that “woohoo” feeling quickly fades to “how will we afford to fulfill this order?”

The last thing you want is to not be able to come through for that retailer and ruin your chances or to have to turn away business because you don’t have the funds to buy inventory. This is where purchase order financing can come into play. Let’s talk about the benefits and why it’s something we recommend considering.

You need $$$ and you need it now

Purchase order financing allows you to have flexibility and funds for a project without much (if any) upfront capital needed. Purchase order financing can go into effect after the order is signed so you can stop worrying and start producing-can be super speedy.

The equity stays with you

While bringing in strategic investors can be priceless, there is no reason you have to give up ownership just to get enough cash to buy x amount of jars or x liters of olive oil.

You don’t have to say no

Have you ever had to turn down an order because you didn’t have the capital to produce it? If funds are the only thing keeping you from getting on the shelf it doesn’t have to be.

You need money to grow

As the old saying goes, “you gotta spend money to make money.” In order to get those dream orders in your goal stores, you need to be able to finance the production, purchase order financing is a simple and more affordable way to get the cash you need upfront to make it happen.

Learn more about purchase order financing here.

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