Purchase Order Finance
Purchase order finance for fashion designers apparel and textile companies and garment manufacturers wholesalers and distributors. Our purchase order finance option can offer funds to your business on ongoing purchase orders, the PO funding facility is complemented with an accounts receivable factoring facility.
Fulfilling your purchase orders on time is essential for the success of your business. FashionFactoring specializes in funding purchase orders with a straightforward and simple process.
What would you do when some suppliers want you to pay cash on delivery while your customer wants to pay you net 30 to 60 days? Meanwhile, labor, packaging and shipping costs all have to be met. Our purchase order finance service exists to make your deals not only possible, but profitable. Click here to get the simple process started.
You have a confirmed order from a creditworthy customer but lack the cash to fulfill it. We can advance up to 80% of the confirmed purchase cost to your supplier. We either pay your supplier or open a letter of credit. You deliver the goods and we invoice your customer. We collect the invoice payment from your customer and pay you the balance between the order value and the amount paid to your supplier, minus our fees and cost of money used, once payment has been received.
You want additional funding to finance single or multiple transactions with creditworthy customers. Then our Receivables Funding Facility is the best solution. You deliver the goods to your customer obtaining proof of delivery and acceptance of the goods. You invoice us for the goods at an agreed discount and we advance you up to 85% of the value of your invoice. We invoice your buyer for the full amount and collect payment according to your agreed terms. We pay you the balance less our administration fees and cost of money used, once payment has been received.
PO funding for fashion
Our purchase order financing options offer flexibility to companies in the fashion and apparel industries including:
If you would like to speak with one of our Purchase Order Finance specialists simply complete our Short-Form. For more information, please contact us at anytime.
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