MLO NMLS #1086161 California and Minnesota - Approved-Inactive
Purchase order finance (also called purchase order funding) is an advance against your customer's purchase order to pay your supplier for the cost of goods sold. Funds are paid direct to the supplier via wire or letter of credit.
PO funding is done on a purchase order by purchase order basis. You cannot use PO funding to purchase inventory to sell at a later date.
Motor Vehicle Sales, Retail Sales & Rentals, Collection & Recovery, Accounts & Appraisals, Finance Companies, Short Term Lending, Government & Non-Profit, Property Management, Merchant Services, Wholesale and Distributors
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