Purchase order finance, or ‘PO Finance’, is a type of funding to help business pay their suppliers and aid their cash flow. This works as an advance to a supplier (from a finance provider) secured against a confirmed purchase order. It removes some of the financial pressures of fulfilling an order – especially a large order – by helping finance a transaction up until the time you raise an invoice. The purpose of finance is to allow the fulfilment of an orderThe amount borrowed can be up to 90% of the value of the purchase order- the amount depends on the size of the order ( i.e. the amount owed to you) and the credit worthiness of the company issuing the order.Terms range from 30, 60, 90 or 120 days.  The cost is between 1.8% and 6% per month with 1-2 weeks to access capital.