One of the greatest challenges for small product wholesalers is getting an order that is too large for them. Large orders are only good if you have the financial resources to fulfill them. If you can’t fulfill them, you risk losing the order – and the customer – to a competitor.
Being unable to handle large orders limits the growth of your small business. The only way to break this cycle is to get financing so that you can handle larger orders. Fortunately, there is an alternative that can help you: purchase order (PO) financing. This solution helps small companies that have large orders and need funds to pay suppliers. The payment allows your supplier to manufacture and deliver the goods. This payment enables you to complete the order and book the revenues. The transaction settles once your customer pays for the goods.