If your company has a solid sales order book, but is short the capital needed to complete transactions, you may be able to utilize Purchase Order Financing. IDC Financial can provide the capital necessary to finance the purchase of goods already sold. You’ll be able to use the capital as you need it, for manufacturing, labour, materials, or making payments to your suppliers.

PO financing covers the supplier expenses associated with a specific purchase order.

PO Financing enables you to make sales that exceed your current financial capabilities and provides a solid platform for growth. When used properly, purchase order financing can help you grow your company by enabling you to accept larger orders.

How PO Financing Works:

• Your customer gives you a purchase order for goods. We verify the purchase order as well as your customer and the supplier. Once approved, we provide payment to your supplier as per the agreed upon terms. Once your customer has received the goods and your invoice, IDC Financial then factors your invoice, paying off the purchase order financing.

PO Financing Benefits:

• You get to grow your company without increasing bank debt or selling off equity
• You improve customer service with timely delivery.
• You increase market share, seizing business when it’s available.
• Already used by a variety of industries, Purchase Order Financing with IDC Financial is a convenient and practical alternative for your short-term funding needs.

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