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Purchase Order Funding
Sometimes, a client needs additional funds in order to complete a specific contract or purchase order from one of its customers.
On a case-by-case basis, Monetrex will provide the funds needed for the client's purchase of materials or labor specific to that job.
Each situation is analyzed on its own merits. Generally, Monetrex will advance up to 40% to 50% of the total contract; although we will go higher
if the funds are used to purchase finished goods or equipment needed for a quick resale situation.
This type of funding is best used if the related
contract is completed within 60 days of the funding. Typically, only companies that have a successful track record for completing the work required
should look to this form of funding. Additionally, since fees (due to risk) are quite high, the client should be assured of a large gross profit
margin from the contract.
This program is offered only in conjunction with a Monetrex receivable factoring program, which includes without charge many
administrative services.
Please see
Frequently Asked Questions for more information
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Factoring
Asset Based Lending
Equipment Sale-Leaseback
Purchase Order Funding
Frequently Asked Questions
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