Purchase Order Financing

Has your business found itself in one or more of the following situations?

  • You've received a signed order from one of your largest, most respected customers, but you're short on cash flow that's needed to fill the order?
  • Your financial institution declined to extend your business a loan due to lack of assets?
  • You're turning business away that would help make you more successful?

Many businesses have been here before. What do you do? Turn the order away?

Larger financial institutions have failed entrepreneurs and Canadian businesses, even those organizations being run by experienced and respected management teams.

At Danbury Capital, we understand the unique challenges facing senior management and we view our customers as partners. We take the time to understand your business and with our strong entrepreneurial background, we understand the need for fast, efficient and straightforward trade financing.

With your capital tied up in operational costs including labour, packaging and shipping, Danbury Capital provides you with financing to bridge the cash flow 'gap' that occurs when your suppliers want you to pay cash on delivery/shipping and your customer wants to pay you on pre-set terms.

Danbury Capital can provide funding to move you through your transaction cycle: your supplier(s) are paid, the goods are shipped to you, your product is delivered to your customer and the receivables are collected.

 

Customer Eligibility

  • Proven Financial Track Record
  • Strong Reputation in Market Place
  • Fully Insured Receivables
  • Established & Reliable Reporting Systems & Ability to Provide Monthly Reporting
  • Annual Forecast of Lending Requirement
  • Minimum Individual Loan Size of approx. $100,000
  • Ongoing Requirement of Funds for Minimum of 1 Year
  • Fully Secured Position
  • Fully Insured Transportation & Warehousing Facilities
  • Receivables paid into a "Lock Box"

Project Eligibility

  • Confirmed Purchase Order
  • Backup Orders from other Customers Available
  • Detailed and Proven Project Costing
  • Receivables Insured
  • "Goods-In-Transit" Insurance
  • Warehousing Insurance
  • Approved Products/Durable Goods
  • Qualified Purchaser (End User)
  • Proper Security Documentation In Place