Order financing is a short-term funding option for businesses that need cash to fill single or multiple orders from other corporates. In many businesses, especially upcoming, cash flow challenges exist. There will be times where there is simply not enough money available to cover the costs of fulfilling orders. Having to turn orders down obviously means a loss of revenue, and perhaps even a tarnished reputation for the business. This is where Coverlink order financing comes in handy!
It is pretty easy to qualify for order financing and much easier than bank financing. What is important is the creditworthiness of your company. If your company has a strong credit history, then you’re good to go. Our order financing also hinges mostly on the financial strength and creditworthiness of the corporate which would have placed an order with a particular business, and not entirely on the business itself. This makes it a viable option for new businesses and those with average credit.