Purchase Order Funding

Let us help you turn your purchase orders into invoices.

Purchase Order Funding helps you pay your suppliers when you receive a large order that your current cash flow does not support. This method usually supplies more working capital than a small business line of credit would. Durham Funding is one of the few companies that offers both capital against purchase orders and receivables funding for your business.

As a result, we can provide the capital you need to fill orders with credit-worthy customers.

Benefits of Purchase Order Funding from Durham Funding:

• Fulfill larger orders to increase your bottom line
• Ensure timely deliveries to your customers
• Grow your sales without increased bank debt or selling equity
• Use OUR cash to pay suppliers; use YOUR cash for marketing, additional payroll, and other tools you need to grow

The process is simple. You provide us with a copy of the order and a schedule of cash requirements to fill the order. We pay your suppliers directly for goods or services that you need to fill the order. Once the goods arrive with your customer, you now have an account receivable and the transaction converts to a Factoring transaction. We simply deduct the amount funded to your supplier and the related fee from your normal Factoring advance.

In some cases, your suppliers may be located overseas. In this case, we can facilitate payment to these suppliers through Commercial Letters of Credit. Using Commercial Letters of Credit on international transactions can protect you from many of the pitfalls of importing products from foreign suppliers. To get started, call us at (585) 218-8610 and find out more!