The process in which a purchase order financing company pays the supplier of another business (the buyer) for goods that are needed to fulfill an order. Once the order has been fulfilled, the buyer pays back the purchase order financing company. The goods themselves serve as collateral in this scenario.
BusinessLoans.com is brought to you by
Over $5 Billion delivered to small businesses. Learn More
on Social Media
Most Popular Posts
Not sure about a term or phrase? View our glossary of commonly used financial words on BusinessLoans.com.View Definitions