Do you have orders from your customers, but no cash to pay suppliers for raw materials?  

Do your suppliers demand C.O.D. payment, but your customers demand payment terms?

 

Purchase Order Financing is a solution to this catch-22 scenario.  Here's how it works:

1. You receive a purchase order from your customer

2. You negotiate an order(s) for raw materials with your supplier(s)

3. High Falls Funding secures financing of the purchase of raw materials from your supplier(s) 

4. You take delivery of raw materials from your supplier(s) and we pay your suppliers' invoice(s).  

5. You build your product and ship it to your customer to fulfill the order

6. You send the invoice for your customer's order to High Falls Funding

7. We invoice your customer for the order according to your payment terms

8. When your customer pays us according to the invoice terms, our fee is deducted, and the balance is forwarded to you.

PO Financing eliminates the need for cash to fund the cost of raw materials, pays your suppliers COD, gives you the flexibility to offer payment terms to your customers, and establishes credit with your suppliers.

 

Do your suppliers require Letters of Credit, or do you sell to foreign customers?  Consider our Letter of Credit services.