PO and Mobility Finance
Created for the Construction Industry, this program ensures that your costs such as supplies, payroll, and equipment rentals are taken care of. AFS will work with you on a detailed cash flow schedule for the specific project to ensure your costs are covered until you are properly cash flowing. Bid on Higher value projects and negotiate discounts on supplies and equipment knowing you have the cash flow to meet your obligations. Bonded projects are not an issue!
What is PO financing?
Purchase order financing is the payment made to a supplier on behalf of a buyer that has a purchase order for goods to be supplied and delivered by the supplier to the buyer’s customer. This provides businesses with the capital needed to fulfill large orders that exceed their current financial capabilities. Funding is then repaid with the proceeds from the sale after the goods are delivered to the client.
How Is Po Financing Different from Bank Financing?
Banks lend money based on a borrower’s balance sheet, financial history, cash flow however purchase order financing is provided based on the profitability of a single transaction.