Purchase order financing
Some reasons to consider purchase order financing:
Your business may not meet traditional financial institution criteria for obtaining loans or lines of credit — which are based on financial covenants and personal credit strength, not the strength of your receivables.
You may not want to give up a major portion of your company to receive funding for your company. You may have already given up a major portion of the equity (shares) in your company & you can't bring in any more equity financing to operate your business without losing the controlling interest in your company.
Without adequate funding, you may find yourself unable to effectively target new business or support your existing customers.
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