Purchase Order Loan
A purchase order loan can be an essential resource for businesses in New Jersey looking to fulfill large customer orders without straining their cash reserves. This form of financing allows companies to secure the goods and services they need upfront, ensuring that they can deliver on significant contracts and expand their operations. With a purchase order loan, NJ businesses can leverage the strength of their customer contracts to obtain funding, which is then repaid as the orders are completed and invoices are paid. This financial solution is designed to bridge the gap between receiving a purchase order and receiving payment, keeping the business's cash flow healthy and operations running smoothly.
Products We Offer
Why Use a Purchase Order Loan
There are numerous advantages to using a purchase order loan for your business's financial strategy. Primarily, it provides immediate funding in NJ to cover supplier costs for large orders, enabling you to take on bigger contracts and grow your business. When traditional cash loan in NJ options may not be sufficient or appropriate for your needs, a purchase order loan steps in to fill the gap, offering specialized financing that aligns with your company's order fulfillment process. Moreover, it can be a more suitable alternative to a merchant cash advance in NJ, particularly for businesses that don't have high credit card sales but still require short-term financing to bridge cash flow gaps.
​
Purchase order financing / Invoice Factoring
Purchase order loans allow for very fast funding so you get a lump sum of cash with a predetermined payment term. Payment is usually made daily, weekly, or bi-weekly. The short-term loan is best for businesses with high and consistent sales that are in need of quick unsecured cash to use however you need. Purchase order loans allow fast capital funding in as little as 24 hours. It is also unsecured and is a really easy approval process with little documentation needed.​
This is a great option for businesses that have high and consistent sales and bank deposits and for businesses that need financing right away.
Get Funded in 3 Easy Steps
At 1 Umbrella Funding, we simplify the sign-up process so you can focus on meeting your business needs, from payroll to buying more inventory during busy seasons.
Apply
Fill out our online form help find the solution for you.
Get Approved
Pre-Approval usually within 24 hours.
Receive Funding
Accept your terms and the funds are on the way!
Apply for a Purchase Order Loan
When you're ready to apply for a purchase order loan, it's important to choose a lender that understands the unique challenges and needs of your industry. Our purchase order loan services are tailored to meet the demands of New Jersey businesses, offering a straightforward application process and quick disbursement of funds. With a purchase order loan, you can confidently accept larger orders and pursue growth opportunities that were previously out of reach due to funding constraints. Although the cost of borrowing can be more, we make funding easy. Contact us today for funding assistance. We're committed to partnering with NJ businesses to navigate the financial aspects of scaling operations and capitalizing on new market opportunities.
Contact us
Address:
111 Town Square Place
Suite 1203 PMB 1106
Jersey City, NJ 07310
E-mail:
Phone:
Toll Free: (866) 305-7840
Opening Time:
​
Mon - Fri: 7am - 10pm
​​Saturday/Sundays :
Available via email at: