Approval Amounts: Up to $20 million
Term: Variable
Rates: 2% – 5%
Credit Requirements: None
To Use For Purchase:
$200,000.00 minimum in existing purchase orders
Transaction size ranges from $200,000 to $20 million and is based on the amount of purchase orders the client has in hand and the client’s ability to perform when they have a credit worthy end buyer
Up to 95% of existing purchase orders
Funds received are paid directly to the supplier
Deal Submission Requirements: Provide outstanding purchase orders needing filling
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