Gaining a strong foothold in Boston, MA can be challenging for new and small business owners. For various reasons, taking out traditional loans and the debt that comes with them may not be in the picture. Fortunately, using purchase order financing in Boston, MA offers a viable solution without the entanglements of debt-based financing.
How Businesses Use Purchase Order Financing In Boston, MA
When business owners use purchase order financing in Boston, MA, they get an advance of working capital to take on large and unexpected customer orders. The advance in capital through purchase order financing allows Boston businesses to fill large orders without placing a strain on regular operations or financing. Additionally, the amount of purchase order financing is rolled into the invoice sent off with large customer orders. When the invoices are paid in full, the purchase order financing is deducted, and the remainder is delivered as revenue.
Using Purchase Order Financing In Boston, MA For Growth
Purchase order financing in Boston, MA gives local businesses the ability to experience rapid growth and gain a larger share of the market. By taking on larger customer orders, even after the purchase order financing is deducted from the invoice, businesses receive greater revenues than by sticking with small customer requests. Additionally, using purchase order financing in Boston, MA allows businesses to take those orders which would otherwise have gone to larger competitors. For growth-focused businesses in Boston, purchase order financing levels the playing field with the competition, and allows small and new businesses to get a stronger foothold and generate revenue on a more equal standing with larger corporations.
Purchase Order Financing Is Not A Loan
Using purchase order financing in Boston, MA does not have the same structure as traditional bank loans. First, there is no debt. Purchase order financing is an advance in capital on future receivables. Second, purchase order financing does not impact business credit ratings. With preserved credit ratings, and no unnecessary debt, growth-focused businesses in Boston can secure larger financing to expand their operations, or simply accumulate growth capital by taking on larger orders.
Get The Best Purchase Order Financing In Boston, MA
Clipper Commercial Capital believes small businesses should have a chance to grow and thrive in a competitive marketplace. As such, we are dedicated to providing the best purchase order financing in Boston, MA. Contact our offices today to learn more.