Purchase order financing

Fund the inventory you need to fulfill your next order.

A purchase order costs you money before it pays you. Spring funds the production so you can say yes to the order you already won.

$150M+ funded · 170+ brands · 24hr capital deployment

PO01 · Purchase orders

A purchase order costs you money before it pays you.

Six steps from order to payment. Five of them cost cash.

Purchase order#4471-B

RetailerRegional Grocery Co.IssuedDay 0Deliver byDay 30TermsNet 60

SKUCasesValue12oz4,800$134,4006oz3,200$102,400Variety2,150$75,700

Order value$312,500

Day 32. Invoice issued, net 60 starts.

Day 0
Retailer places the order
Quantity, price and delivery date are set.
Day 3
You check inventory
What you have, what you have to make.
Day 14
You pay for production
Ingredients, packaging and co-packing are paid up front.
−$167,000
Day 26
The order ships
Freight to the retailer, billed to you.
−$17,000
Day 32
The retailer receives the goods
Invoice issued. Net terms begin.
Day 90
You get paid
Three months after the order.
+$312,500

Input

What you already have

Your purchase orders, inventory, invoices and revenue.

Decision

Based on the money you already make

No pitch deck. We look at revenue that is already there.

Outcome

Up to $500,000 in 24 hours

Ingredients, packaging and co-packing paid, before the retailer's invoice is even issued.

Illustrative example of a typical CPG order cycle.

Also from Spring

Same data, same account — pick the product that fits the order in front of you.