Purchase order financing makes sense when a company has received a large order for a product but has insufficient funds to fulfill the order. If the purchase order is strong enough we can negotiate a Letter of Credit (link) and essentially factor the purchase order as if it were an invoice. This is common in successful startup companies that win a large bids but do not have sufficient resources to fulfill the order. This works especially well when you have a binding purchase order from a solid entity like a state or federal agency.
Shapiro Financial Group can provide the cash you need to pay distributors in order to complete those large contracts, enabling your business to grow.