In today’s age, startups seem to be everywhere. We are sure you know someone who has quit their job and embarked on their own startup. Maybe a colleague? Your cousin? Or maybe it is you? If it is you, then we are sure you know of the financing struggles startups come across. Once you have an order, fulfilling it can seem almost impossible. Being so close (yet so far) to your dream can be incredibly frustrating. Luckily, there are options. Fast and Easy Funds offers a perfect loan for such instances: inventory and purchase order financing.
Promising startups have a few choices when looking for financing, but none offer the flexibility and scalability like purchase order financing. Say you have a purchase order in place, but you do not have the funds to pay your manufacturer to complete the order. Fast and Easy Funds can use your purchase order as collateral to pay the manufacturer. This way, your product is made, the order is filled, and your commodity can begin to sell. You do not give up any equity in your company like you would with an investor, and PO financing is totally scalable to build growth easily.
Fast and Easy Funds offers wholesale and distribution lines of credit and advances against accounts receivable up to 90%. Whether you are a startup, a publicly traded company, or a private company, we can provide the PO financing you need to expand. If you are interested in learning more about how Fast and Easy Funds can help your business achieve its goals, contact us today at 1-833-222-3249.