Are you avoiding larger orders or contracts due to a lack of capital to confidently fulfill the orders timely?
It may be time to explore the P.O. Financing and Contract Lending market again. Many of the lenders I represent offer solutions to assist companies with growth by financing the upfront costs associated with larger orders and ongoing contracts. Take a look at some of the market changes below.
* ALSO financing foreign and domestic orders
- Supplement preexisting secured bank lending
- WIP & progress billing expenses financed prior to invoicing
- Up-front deposits,and soft costs can be financed
- Funding for raw materials and production now available
- Lower minimums per transaction
- No long term commitments
Recent Funding: P.O. Financing
Industrial equipment supplier + Growing + 10 years in business + Expanding operations into Mexico + Non-Notification AR revolving line of credit needed to supplement cash flow while increasing sales on terms to new and growing accounts
Voice automated inventory interface solutions company + Growing contracts with national accounts + Extending credit to remain competitive in the market exhausted working capital + Non-Notification AR line of credit enabled the company to seek more accounts and increase workflow without the constraints of limited cash flow
Tactical gear mfg. + New in business + Required capital to fill substantial order for Gov’t contract + P.O. financing offered a solution to make the order possible and increase the companies ability to source larger orders and fulfill contracts they would have otherwise avoided
Defense contractor + Bankable yet under-banked + Needed a substantial line increase to meet the demands for payroll on new larger contracts with the U.S. Gov’t + Asset Based Lending provided access to a commitment to lend up to $2.5M in order to compete for the contract +Revolving AR LOC enable the company to advance on the working capital tied up on net 30-60 day terms
Please contact me to discuss additional options for supporting your working capital needs.