Rosenthal & Rosenthal completed a $2 million purchase order finance deal for a menswear apparel licensee with multiple brands.
As purchase order finance has become more mainstream, Paul Schuldiner describes two types of PO finance used most often by borrowers — and points out that providing these products comes with a high degree of risk requiring a skill set not usually found in a factoring or ABL environment.
King Trade Capital announced the recent cross border funding of a $1.3 million purchase order finance commitment for a UK-based importer of security equipment.
Star Funding recently closed $13.5 million in transactions for purchase order finance and accounts receivables factoring across the U.S.
It’s an all-to-familiar tune these days … a borrower in distress has no access to traditional financing or supplier credit to fulfill a spike in business. Purchase order financing can provide an excellent solution to turn such companies around and back on the road to financial stability.