If we have an existing financing relationship with your company, we can provide working capital to pay upfront expenses, so that you don’t tie up your cash.
How does it work?
- Your customer issues you a Purchase Order for a certain product
- Advantage provides up to 65% of the PO value in immediately available capital so you can procure product and fulfill the order
- Upon shipment of the product, the resulting invoice to the customer is presented to Advantage
- Factoring proceeds of up to 90% are sufficient to pay off the PO advance balance and provide additional working capital
