Purchase Order Financing
FINANCING TO FULFILL CUSTOMER ORDERS & GENERATE REVENUE
- Competitive Industry Rates as Low as 6.25%
- Wide Selection of Loan Options
- Flexible Terms To Fit Your Business
ESTIMATED APPROVAL TIME
- 5 Minute Application, Approval in as Little 4 Hours
MINIMUM BUSINESS REQUIREMENTS:
- 625 credit score
- 2 plus years in business
- 250k average annual revenue
Copyright 2020 • Kapitus • All Rights Reserved
Loans made in California are issued by Strategic Funding Source, Inc. dba Kapitus, pursuant to California Finance Lenders License No. 603-G807.
Features & Benefits
Get new clients
When cash flow problems strike, businesses have to put a halt on bringing in new clients because they don’t have the money to pay their suppliers. Purchase order financing allows you to grow your customer base and takes away the worry of not being able to fulfill orders without taking on new debt.
Cover Supplier Costs
If your gross margin for an order is over 25%, you may be able to cover up to 100% of all supplier costs. If your order doesn’t meet this criteria, your contribution is typically minimal. This allows you to move forward with orders while staying in good standing with your suppliers.
Maintain Full Ownership
With purchase order financing you will not have to resort to selling off a portion of your company to fulfill a large order. Since this type of financing can cover up to 100% of supplier costs you won’t be forced to seek out new investors to capitalize on growth opportunities.
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Available for both short- and long-term needs. Our business loans provide you with an agreed upon sum of money that you will pay back over a specified amount of time, with interest. The amount of interest paid and the total overall cost will be depend on whether you opt for a short-time loan, which typically has a higher interest rate but a lower overall cost or a long-term loan, which tends to have a lower interest rate but a higher overall cost.
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Invoice Factoring
If your cash flow is hurting because you are waiting on invoices to be fulfilled from customers, then this is a great financing option for you. With Invoice Factoring you can receive a lump sum of cash that will keep your business running while you wait on payment of these invoices. With invoice factoring there is no APR or compounded interest, instead you are typically charged a one-time set up fee and transaction fee which is a percentage of the amount provided to you.
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Apply now to be considered for all options
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Ready to Apply?
If purchase order financing seems like the right fit for you, let’s get you ready to apply. To begin the application, you will need to be able to provide a minimum of 3 months bank statements, last year’s tax return and your final purchase order. Also, be sure to check the credit of your commercial clients, as their creditworthiness is a key deciding factor for an approval. Additional documentation will likely be required as you move through the underwriting process. If you’re still not sure that purchase order financing is right for you, you can use our financing matching tool or give us a call at (800) 780-7133 to speak with one of our financing specialists.
