Purchase Order Finance

Helena asked:

I terminated a lease early, and worked with the leasing company to pay the early termination fees. We made a monthly agreement and I adhered to this. When the leasing company changed employees my paperwork fell through the cracks and was sent to judgment which they found me guilty. However the amount was already paid in full. This blemish is on my credit report and should not be. I have a letter from the leasing company stating that the balance has been satisfied, how do I get this off my report?

For Commercial Finance Loans – Receivables Financing * Receivable Financing * Accounts Receivable Factoring * A R Factoring * PO Factoring * Equipment Leasing * Computer Leasing * Lease Financing * Office Equipment Leasing * Equipment Leasing Quote – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

Brian asked:


I’m looking to consolidate a credit line and car loan that are both with TD Canada Trust. So, I went in and sat down with someone at my branch. They are able to do this for me with 11.75% interest over 5 years. I decided to check out Royal Bank and they are willing to give me 9.1% over 5 years. Why does a bank that I do all my business with cost more then the other?

Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Accounts Receivable Financing * Business Equipment Leasing * PO Finance * Commercial Property Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

~*Live, Love and Blessed Be*~ asked:


My husband is bound and determined to open a comic/card shop in our area. It’s been his lifelong dream, and I think it would be good for him to pursue something like that. He’s 20 years old, and I’m 21– so we don’t exactly have wonderful credit built up yet. Can anyone tell me what kinds of small business start-up loans and grants are available? How would we go about financing the start up of this business?

Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

padidvr2003 asked:


My wife and I have lots of credit card debt that we got building our business this brings our credit scores down But we have lots of equity in our business property there is no mortgage on the business property or equipment. This totals about $200,000+ value, we would like a loan of about $50,000 value Seems like local lenders do not want to help because we are self employed and our credit score any ideas out there!

Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.

Marco Terry asked:


One of the biggest challenges for Canadian company owners is obtaining business financing. As a first instinct, owners usually try to go to the bank hoping for a business loan or line of credit. They soon find that qualifying for bank financing is hard, as the bank will demand collateral and three years worth of financial statements. Although large companies can qualify for bank funding, most small and midsized companies can’t. However, small companies are not out of options. There are two alternatives.

If the business sells goods or services to other businesses and your main challenge is that they need money to pay suppliers or employees, the solution could lie in using two little known financing products – invoice factoring and purchase order financing.

Most small and midsized businesses have cash flow problems because clients take 30 to 60 days to pay their invoices. Although waiting to get paid is a standard business practice in Canada, it can wreak havoc on the company’s finances. Because, while waiting to get paid, business owners still have to pay employees and suppliers, who coincidentally, don’t like waiting to get paid. Factoring financing can provide an advance on your invoices, supplying the cash flow the business needs to pay employees and suppliers.

Another common cash flow problem happens with a reseller gets a large order that he can’t afford to deliver. Usually, this happens because they don’t have money to pay their suppliers for the goods they need. In this case, purchase order funding may be the solution. Purchase order funding provides pre-delivery financing, allowing you to pay your suppliers and to deliver your orders. The transaction is settled once the end customer pays.

Both factoring and purchase order financing have several advantages over business loans and conventional bank financing. For starters, they are easy to obtain. Most small business owners that do business with reputable clients will qualify. Also, they can be implemented very quickly. Most companies can obtain funding within 5 to 10 business days.

However, factoring and purchase order financing are not for everyone. It will only work well if three things are true. First, you must sell to commercial customers. Consumer sales cannot be financed. Second, your profit margins must be at least 15%. And lastly, it will only help you if you have slow paying customers or if you need financing to fulfill a large order.



Purchase Order Finance – PO Funding – Purchase Order Factoring – PO Factoring. For Commercial Finance Loans – Factoring Loans * Equipment Financing * Purchase Order Finance * Commercial Mortgage – IMM Financial has been in the Commercial Finance Business serving companies just like yours for over 14 years. Put our experience to work for you. We are the Cashflow Specialists.