It can be a challenge to maintain a smooth cash flow when running a small business. You may be doing fine, working from order to order, or project to project, but what happens when you get that first huge project? What if you get several big orders at once? You may never get another one if you cannot fulfill the products ordered or exceed the customer’s service expectations. That’s where purchase order financing can help your cash flow and business performance.

How Purchase Order Financing Helps You Impress Clients

PO financing gives your business flexibility, allowing you to continue operating through the slow season, and/or get immediate funding to buy supplies to fulfill that big order, and much more. With purchase order financing, the PO funding company pays your supplier immediately. This gives you what you need so your business can move forward, rather than sitting frozen in place, waiting for your prior customers to pay you. Without PO financing, you may have to pass up work projects or ship orders late, and you can’t grow your business.

Purchase order financing allows you to easily buy components to fill multiple, large orders quickly. By performing well, you get repeat business from those customers. Then, your happy customers refer new customers to your company. As you build your customer base and your great reputation, you will enjoy better cash flow. 

Grow Your Customer Base for Positive Cash Flow with PO Financing

Now, your business has momentum! With the larger orders coming in and new clients galore, your cash flow improves and you are hardly ever short on cash. If necessary, you can obtain PO financing again to help you take on even more new business. By using this financing option, the supplies you need are paid for, so you can use your working cash on other things. For instance, you could buy advertising to bring in even more business.

At Simplicity Capital Finance, we’re here to help you with purchase order financing, and other funding options, to fuel your business success. Contact us today.