How You Can Expand Your Business With Purchase Order Financing

A common strategy for small business owners is to attract larger and larger clients in an effort to grow their business. Of course, you have to have a plan in case you attract a client that is so big, you do not have the working capital to fill their order. This happens more often than you might think, but there is a special kind of financing designed specifically for this situation. It is purchase order financing. Norus Capital is committed to helping your business get approved for order financing. The benefits include:

  • Avoiding accumulating debt
  • Improving your market share
  • Short approval and processing time
  • Avoiding bad reputation for turning clients away
  • Losing no equity

How Purchase Order Financing Works

When approved, you receive the working capital you need to fulfill your client’s needs. The biggest aspect that separates order financing from traditional loans is the way it is repaid. Instead of making pre-set payments, we collect on your client’s invoice instead when it is time for them to pay. This leaves you with the profits. It also makes it nearly impossible for you to accumulate debt from this kind financing. If you would like to learn more about how you can be approved for order financing, give Norus Capital a call today.