but the purchase order financing process always starts the same way - with a conversation about the profit potential that a specific business opportunity promises.
Chicago, IL (PRWEB) February 3, 2009
A new website provides businesses with the additional working capital they need to take advantage of large-order sales opportunities. Purchase order financing enables such transactions by leveraging the finances of the client's potential customer, not those of the client itself.
Founder and CEO Dan Casey explains, "What our clients all have in common is the ability to demonstrate a business opportunity with the promise of profit. We base our approval on that profit potential - not on the current balance sheet. How it works is we open a Letter of Credit to pay the suppliers, so our clients can take on the job without having the capital themselves." Casey states that PurchaseOrderFinancing.com can secure up to 100% financing of up to $25 million, usually within 7 to 14 days. His site features a broad range of topic pages to help businesses unfamiliar with PO financing such as:
- PO Finance Case Studies - PO Financing services, benefits and success stories
- Purchase Order Financing Blog - News and updates from the PO Financing industry
Although PurchaseOrderFinancing.com was launched in January, 2009, the company behind it has been finding creative financial solutions for clients since 2002. Manufacturers, wholesalers, distributors, importers and exporters are among the kinds of businesses that may consider purchase order financing. The process can not only facilitate the immediate business opportunity at hand, but often may also result in the promotion of the client's business to a significantly higher competitive category.
Dan Casey has owned and managed businesses in finance, consulting, manufacturing, advertising, technology and other industries throughout his career. "Every case is different," notes Casey, "but the purchase order financing process always starts the same way - with a conversation about the profit potential that a specific business opportunity promises."
Dan Casey, CEO and Founder
7543 West Irving Park Road Suite 1100
Chicago, Il 60634
Toll Free (800)385-0660