Posts Tagged ‘Order’

Should I pay off my credit card balance in order to obtain a higher credit score?

Monday, April 11th, 2011

I have a Chase Freedom credit card. I don’t know if I should pay off my whole balance or just pay little by little. If I pay it off immediately will my credit score go up dramatically? Or does it not even matter? Thanks in advance!

PM of Britain wants US to help lift the WORLD out of a recession…shouldn’t we get our own house in order 1st?

Saturday, April 2nd, 2011

http://www.timesonline.co.uk/tol/news/uk/article5822265.ece

GORDON BROWN hopes to forge a partnership with President Barack Obama in Washington this week, to call for a “global new deal” to lift the world out of recession.

As he prepares for his first White House visit since the president’s inauguration, the prime minister has hinted that he is ready to make further tax cuts to boost the UK economy.

Can a credit card company get a court order to garnish your earnings?

Friday, March 25th, 2011

If I owe money to a credit card company, they already send me to collecttions can they go to court to get a withholding order and take money out of my pay check?

What order must names be put in online credit card transactions?

Tuesday, March 15th, 2011

I want to purchase something online. The web page states that I must enter the name in the order First Name/Last Name, as it appears on the credit card. However, the credit card has the name in the order Last Name/First Name. What should I do?

What information do people need in order to use your credit card?

Tuesday, March 15th, 2011

For online purchases, it seems the only info. you need to enter are: 1) The credit card number 2) The security code 3) The expiration date 4) Your name as it appears on the card

This doesn’t sound too secure to me since all of these information can be obtained from the credit card itself. A sly person could photocopy your card without your knowing, or maybe they may have a spycamera, photographic memory.

Why are [people comparing the new global deal to the new world order?

Sunday, December 26th, 2010

They are completely different things! Obama’s and the prime minsters of the Uk’s one is because it will strengthen our economy. Prove it is real anyone?
how geraldine? so prove it to me?

What do i need to take in high school in order to get into commerce & finance in university?

Tuesday, October 19th, 2010

What do i need to take in high school in order to get into commerce & finance in university?

finite? calculus? or what?

How long must you hold a job in order to finance a car?

Wednesday, August 25th, 2010

I have a job and i get paid more than $250 a week. Is there any way that i can finance a car right now or do i have to wait for like an extended period of time to be able to finance it. Is there any place that doesnt require steady income..like holding a job for 6+ months. I plan to stay with this job but i also need a car soon.

Do you have to be a genius in mathematics in order to pursue accounting and finance studies?

Monday, May 10th, 2010

Here’s the thing, i’ve always been bad at mathematics, but on the contrary, for some reason, i’ve always enjoyed statistics and done pretty good at exams in the past. Now i’m planning on starting a bachelor degree in accounting and finance, so what i desire to know is what kind of mathematics should i expect if i follow this path? how advanced does it get?

Purchase Order Financing Basics

Saturday, May 1st, 2010

Let’s say that your business suddenly gets a big order from your best client. However, it is an order that is clearly too big for you. What would you do? If your business has a good banking relationship perhaps you may be able to tap into a line of credit or a bank loan. But what happens if your business is small or new and you have no banking relationship? Do you turn the customer away? Fortunately, you don’t have to. Purchase order (PO) financing may be able to help you secure the sale and deliver the order.

What can purchase order funding do for you?

Purchase order funding is a tool that allows you to finance your big orders. It provides the necessary funding to fulfill orders that otherwise you could not afford to deliver. When used correctly, it can enable you to grow your company quickly

As opposed to bank financing, purchase order funding does not rely on your company’s financial strength. Rather, it relies on the financial strength of your customers. This means that if you sell products to large companies or to government entities, purchase order funding can be the ideal option to finance those sales.

Who is a good candidate for purchase order financing?

To qualify for purchase order financing, your company must sell products rather than services. An ideal candidate for this type of financing would be a product re-seller or distributor who is buying products from a supplier and then shipping the products to the client. Purchase order financing can also work in instances where products are sold in conjunction with services (e.g. maintenance), however, the product part of the order must be separate from the services component.

The business case for PO financing

PO financing is simple to use. The po financing company buys the products from your suppliers in your name, using a letter of credit or similar instrument. It then ensures that the products are properly delivered to your client. Once the order is delivered and approved by your client, the funds from the letter of credit are released to your supplier.

At this point, the order has been delivered and an invoice is issued. Most invoices take 30 to 60 days to pay. Once an invoice is paid, the transaction between the parties is settled. It is common to combine po financing with receivables factoring because this enables you to reduce the total cost of the transaction.

Receivables factoring is a type of financing that provides you with financing based on your receivables (or invoices) for delivered products. Usually, once an invoice is generated, the invoice is factored and the funds are used to close the po financing facility. This is done because the rates for po financing tend to be higher than the rates for factoring receivables. This little trick can help you save money and realize greater profits.

Although po financing is a great tool, it does not work for every company. However, if you have margins of at least 20% and good paying customers, you should be able to benefit from it.

Commercial Capital LLC

We can provide you with a free invoice factoring financing or purchase order funding quote. Marco Terry, the president, can be reached at (866) 730 1922.