Factoring financing has been around for a very long time. But only recently has export financing (or international factoring) become a popular tool to finance international trade transactions. Factoring is a way to help business owners who cannot afford to wait 60 days to be paid by their international customers.

Purchase order financing is a bit different. It helps distributors, resellers and wholesalers who have large purchase orders but can’t afford to pay their suppliers. The PO financing company covers all supplier expenses and helps with the delivery of the goods. The transaction is settled as soon as your customer pays the invoice.