LENDER-RR24I10805EB000211
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Lender provides assset based loans, factoring and purchase order financing
– Loan Sizes from $1-50M
– Family owned lender
– Over 50 years in business
– Have done a lot of manufacturing but also like distribution and service business
– Purchase Order Financing: This type of loan is used when a business receives a purchase order but lacks the necessary funds to fulfill it. A lender provides the funds needed to cover the manufacturing or purchasing costs, allowing the business to fulfill the order and generate revenue. Once the customer pays for the order, the lender is repaid, along with any agreed-upon fees.