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Types Of Loans Bedrock Specializes in:
Virtually Any Type Of Business Loan!
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Receivables Factoring |
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Purchase order factoring allows you to fulfill your customers purchase orders, even if you are without sufficient funds. It is a fast way to obtain the cash you need to fulfill your orders and expand your business without increased bank debit or selling equity. You are also able to ensure timely deliveries while increasing your market share.
If you have a purchase order from a creditworthy customer and you have a performance track record of delivering such products and/or services, then you generally qualify for purchase order factoring.
¨ Insufficient Capital ¨ Alternative Financing Versus Giving Away Equity in a Fast Growing Company ¨ Purchase Order financing provides working capital when banks will not, because of the company's balance sheet, or its collateral will not support sufficient borrowing. An equity placement would force the owners to give away a high percentage of the company. ¨ Timing - Often clients need a quick response in order to get or keep a sale. ¨ Enhance Profits - Clients can grow more quickly by having the capital available to do more business. Clients brokering goods can become principals thus increasing their margins. Our clients can expand their margins, save on various costs and increase supplier credit extended to them. ¨ Disguise Our Client's Identity - Our clients that are middlemen need transactions secured in such a way that the end buyer and manufacturer do not become acquainted. In these situations the end buyer typically issues a letter of credit to our client, and we issue a letter of credit to the manufacturer. |
