Friday, October 31, 2008

Free purchase order forms financing

What to Expect When Seeking Purchase Order Financing
By Doug Fisher

When seeking purchase order financing, the first thing to be aware of is that most factoring firms are routinely particular when dealing with this form of financing. Each firm has different underwriting guidelines since each situation is unique with each potential financing deal being assessed differently. Usually it is very difficult to receive approval for purchase order financing, however there are purchase order factoring firms that do assume risk associated with this type of financing.

The purpose of this type of financing is to provide liquidity for an existing business to have the necessary cash flow in place to continue operations. Purchase order factoring companies often will only provide funding to companies that have a long standing relationship with their customers and a proven track record.

Purchase order factoring should only be used as a short-term process to finance a large contract, to purchase equipment or materials for an existing job or to produce goods that have already been purchased. Commercial construction companies are a excellent example of a company that could benefit form purchase order financing. Construction companies often need to buy materials or lease equipment to meet construction deadlines. They also must meet payroll and pay other expenses. Short term financing through purchase orders is one way of meeting this need.

Purchase order financing is very risky for factoring companies which makes qualifying for this type of financing difficult. Businesses that seek this type of financing must have been in business for at least one year or longer, also the type of industry and the credit history of the company make a large impact on determining whether the factoring company will approve financing.

Purchase order financing is a viable option for companies seeking a short term funding solution. Although often overlooked, purchase order financing is a proven method of funding for companies that need immediate cash flow solutions.

Please visit Doug Fisher's
cash flow notes blog for more information about purchase order financing.

Article Source:

Thursday, October 2, 2008

Online Free Purchase Order Forms

Free Purchase Order forms: First Step to ERP

If your company is very big you might be interested to use online purchase order forms and do not have to care about downloading free purchase order forms online anymore.

The online purchase orders are parts of ERP system. Your staff will only key in the data in the field that designed specially for your business. This way your purchasing data and activities will be kept in an electronic form and it will be more reliable and more integrated.

The idea of purchase order online is very huge. You should learn more about ERP system before making a big decision whether to stay with free purchase order forms or purchase order online.

To learn more about ERP you can visit the site --> Learn more about ERP