Title: Purchase Order Factoring
1TradeRiver USA IncThings to Know about Purchase
Order Factoring Other Financial Solutions
2Purchase Order Factoring
- Financing a project or a trade can be
difficult if you are undertaking a project that
is based on strict credit terms. Many businesses
are unable to pay their suppliers because of the
credit crunch.
https//www.traderiverusa.com
Contact (443) 759-7119
3- But now, you dont have to worry about that
as you can apply for advance payment against the
PO value and pay them as advance payment to your
suppliers to get on with the project. And pay the
financed amount back upon successful completion
of the project.
https//www.traderiverusa.com
Contact (443) 759-7119
4- If you are running a business, you know how
tiresome it can be to fulfill customer orders,
issue pay checks to your employees and suppliers,
work on increasing your brand identity and
managing the finances.
https//www.traderiverusa.com
Contact (443) 759-7119
5- While marketing, operations, and human
resources are important factors in running a
business, finance is still the most important
one. Managing finances properly can help your
business grow in a better and steady way than
anything.
https//www.traderiverusa.com
Contact (443) 759-7119
6- In the trade business, many financial
nuances need to be taken care of. So, purchase
order factoring is one of the methods to help
businesses in managing the cash flow. There are
other financial aspects as well in the supply
chain that you might need to oversee as well.
https//www.traderiverusa.com
Contact (443) 759-7119
7- This is where Trade River USA helps you in
providing the best finance programs and
solutions. But first, you need to understand what
purchase order financing is and how it works?
https//www.traderiverusa.com
Contact (443) 759-7119
8How does PO Financing Work?
- Purchase order financing or factoring is one
of the methods where you can get a factor of the
amount of the purchase order at credit terms.
This works as working capital for your business
where you can provide an advance amount to your
supplier to meet the customer's order.
https//www.traderiverusa.com
Contact (443) 759-7119
9- So, it is kind of an advanced payment paid by
a creditor to a business or its suppliers against
a fair creditworthiness and PO value. However,
certain requirements must be fulfilled by the
beneficiary to get the working capital accounts
receivable
https//www.traderiverusa.com
Contact (443) 759-7119
10- Profit margins must be higher than 15
- The beneficiary must sell tangible goods
- B2C businesses are not eligible for factoring
- Credibility on projects for government orders.
https//www.traderiverusa.com
Contact (443) 759-7119
11Why Select Them?
- Now that you know about the factoring, you may
ask why select them for the services? Well, your
question is legit and valid, and therefore, you
must know of all the other services provided by
them and their experience in trade financing.
https//www.traderiverusa.com
Contact (443) 759-7119
12- Trade River USA has different finance programs
and solutions that provide the vendors with a
platform to aid them with money and other
financial support. They already have a huge
network of traders in their portfolios and they
have funded many businesses before. So, they
understand the nitty-gritty of the business.
https//www.traderiverusa.com
Contact (443) 759-7119
13- They also have software algorithms and other
tools to determine the credibility of a project
and the supplier through their financial history.
This provides them with a solid foundation on
funding the suppliers with no or fewer records of
bad debts.
https//www.traderiverusa.com
Contact (443) 759-7119
14- The advance rates range from 70-90 of the
PO value that ensures that you dont overspend
your savings into commencing a project. They
offer flexible repayment options with discounts
on funding and easy EMIs.
https//www.traderiverusa.com
Contact (443) 759-7119
15Get in Touch with Us
- TradeRiver USA Inc
- World Trade Center
- 401 E. Pratt Street, Suite 2424
- Baltimore, MD - 21202
- Contact (443) 759-7119
- Email JohnHollender_at_TradeRiverUSA.com
- Website https//www.traderiverusa.com/
16https//www.traderiverusa.com
Contact (443) 759-7119