Access to capital gives you the ability

• to stay ahead of your competition.

• leverage your assets,

• increase cash flow,

• maintain more funds for business expenditures.

If you need working capital or are considering an expansion, upgrade, you need to evaluate your options. Call us for a brief interview to match your needs with the proper financing tools.

Purchase Order Funding

Are you passing on a Purchase Requisition or Order because you are lacking capital to pay your suppliers up front? Or did your suppliers refuse to extend your line of credit with them to accommodate order?

Purchase Order Funding (PO Funding) is funding for the specific purpose of filling verifiable, non-cancelable, in-hand PO's from credit worthy customers. This type of funding is best suited for Distributors, Wholesalers and Importers that sell finished products, or do minor repackaging or assembly.

Businesses require purchase order financing for two main reasons:

1.  The company has received a large order and is under capitalized.

2.  Their cost of goods exceeds their current line of credit.

Fox Enterprises, LLC has programs that supply the necessary "up front" monies to pay your suppliers.  Don’t ignore that bid! You need to seize those opportunities and make more money!!!

To receive a complementary no-obligation evaluation, please go to our About Us page to contact Fox Enterprises, LLC.

 Back to Fox Enterprises, LLC - Home page

How does it work?

The process is simple. Here is an example once you have been through the one time only Application process with us:

 1. You have a purchase orders totaling $250,000.

2.  Within 24 hours, your suppliers receive a letter of credit stating will be paid for the raw materials upon delivery.  Do not expect this process as invisible to your clients.

3.  When the PO is invoiced, the invoice is then factored.

3a. You are advanced 80% of the $250,000 in invoices less the cost of materials paid to your suppliers and the PO advance fees.

3b. A letter is sent to your customer explaining that due to expansion of your company, we have been retained to collect the Accounts Receivable (A/R). So your company can focus on what you do best, providing your services.

4.  Once the invoices have been collected, you will get your reserve back less our discount fee.