Purchase Order Financing Site Launches Blog
Financing professional Dan Casey creates resource blog at www.purchaseorderfinancing.com.
Chicago, IL (PRWEB) April 28, 2009 -- PO finance leader PurchaseOrderFinancing.com has added significant content to its PO Financing Blog, effectively launching it as a new resource-within-a-resource on commercial financing options
"This is a great financing resource for smaller manufacturers, distributors, wholesalers and other resellers of tangible goods," says the company's founder and CEO, Dan Casey. "PO financing is a new concept to many, but much simpler to use than you might think. Our new blog is an easy way to learn more about it in layman's terms."
Blog article topics will cover the whos, whats, hows and whys of PO financing:
WHO can use it - start-ups and entrepreneurs who can't get financing from banks and investors.
WHAT are the numbers - dollar amounts financed, fee percentages, profit margins, etc.
HOW the process works - using Letters of Credit to provide cash flow and working capital without debt.
WHY it can help companies grow in today's troubled economy.
Just-posted articles on the blog include:
Purchase Order Financing Basics
What is Purchase Order Financing
Visitors are of course encouraged to ask follow-up questions, agree or disagree with data or advice, and contribute related comments.
About PO Financing:
When business owners encounter their "biggest-ever" sales opportunity, many unnecessarily pass it up for lack of working capital. PO financing is a tool that connects businesses with the money they need to make their big opportunity a reality. Casey explains, "Say you get a large purchase order from a good customer. We can open a Letter of Credit to pay your supplier, so you can take on the job without having the capital yourself. Everybody wins."
PO financing (also referred to as PO funding) is based on the finances of the client's potential customer, not on those of the client itself. "What our clients all have in common is the ability to demonstrate a business opportunity with the promise of profit," says Casey. "We base our approval on that profit potential - not on your current balance sheet."
He also says that people have a lot of questions up front, which is why the website includes its informative new blog, and numerous other resources where interested business owners can learn more such as PO finance case studies.
Although the website is relatively new, the company behind it has been finding financial solutions for clients since 2002. Manufacturing companies are perhaps the best fit for PO financing, but PurchaseOrderFinancing.com has also helped real estate professionals, commercial loan brokers, and other hard goods concerns. Their PO financing process can secure up to 100% financing for up to $25 million, usually within 7 to 14 days. It facilitates the immediate business opportunity at hand, and often also results in the promotion of the client's business to a higher competitive category.
About Dan Casey:
Mr. Casey has owned and managed businesses in finance, consulting, manufacturing, advertising, technology and other industries throughout his career. "Every case is different," he notes, "but the process always starts the same way - with a phone conversation about the profit potential that your big business opportunity promises. Give me a call - or check out our new blog to learn about how other companies like yours have benefited from PO financing."
Contact Information:
PurchaseOrderFinancing.com
Dan Casey, CEO and Founder
7543 West Irving Park Road Suite 1100
Chicago, IL 60634
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