What is Purchase Order Financing?

Imagine this, you receive a large purchase order from a customer but there's a problem. You want to fulfill the order, but you don't have the goods in stock. You don't have the funds to manufacturer or purchase the product. If you don't take on the order, your customer will find a new vendor and you will miss out on a business opportunity. What do you do? Purchase order financing!
First your customer places a large order with you and provides you with a purchase order. Next, King Trade Capital verifies the order and provides a finance solution for up to 100% of your inventory cost. King Trade Capital issues your overseas or domestic supplier a letter of credit or can make cash payments to the suppliers on your behalf. The supplier ships the goods that you're selling and then they are delivered to your customer to complete the sale. The customer remits payment to King Trade Capital. King Trade Capital sends you the profit minus a small financing fee. Congratulations! You have fulfilled the order and have earned a profit instead of having to turn down business!
Why choose PO financing?
You can buy inventory without going into debt. You can grow sales without being limited by existing capital. With fast flexible funding, you make larger profits by fulfilling larger orders.
Contact Us:
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www.kingtradecapital.com
214-368-5100