Consider PO financing to help your business grow

Description

Abstract: An increase in purchase orders is a positive development for most businesses — proof that customers are interested in, and buying, their products. At the same time, rising sales can prompt a cash crunch. This article notes that some companies, especially smaller, growing firms, may lack enough cash to pay their suppliers and fill new orders — often because they’re waiting to be paid for previous sales. It suggests that this is where purchase order financing, often referred to as “PO financing,” can help.