You have the order. Now get paid to fill it.

When a retailer sends you a signed purchase order, Spring pays your supplier directly for the goods, freight and 3PL behind it, so production can start without you fronting the cash; orders can flow in automatically from your PO system or EDI such as SPS Commerce. When you ship and invoice, invoice factoring covers the remaining share up to your retailer's advance rate, and the retailer's payment to Spring closes both. You need a US business with at least $1M in annual revenue, a signed PO from an approved retailer and a supplier Spring can pay. See purchase order financing.

A signed purchase order from an approved retailer, a US business with at least $1M in annual revenue, and a supplier Spring can pay. Below $1M, invoice factoring or Bridge Funding is usually the fit. Spring pays for the goods, freight and 3PL behind the order directly to your factory or supplier rather than sending you the cash, and sizes what is available from your real revenue data. Orders can come in automatically from your PO system or EDI such as SPS Commerce, so there is nothing to upload, and when the goods ship and you invoice, invoice factoring takes over. See purchase order financing.

Spring finances invoices to retailers and distributors including Walmart, Target, Costco, Whole Foods, UNFI and KeHE, and factoring is set up retailer by retailer: each gets its own Notice of Assignment and its own advance rate (shown in your offer before you accept), so you bring the retailers you want to factor. Many of them connect directly (Walmart, Target, Costco, KeHE, UNFI, H-E-B, Sephora, URBN, DOT Foods), so invoices, payments and deductions sync read-only and receivables become financeable as they post, with no exports or uploads. Full list on Connectors; mechanics on invoice factoring.

Yes, and it is routine. Factoring runs on a Notice of Assignment (NOA): a short letter telling your retailer's accounts-payable desk to send payments on your financed invoices to a collection account Spring holds for that relationship. It changes one line in the retailer's vendor file (the remit-to), not your prices, terms or product, and it is one notice per retailer, not per invoice; Walmart, Target, Costco, UNFI and KeHE each have a routine desk and form for it. A retailer has to be set up before its first invoice is funded, which is why a first funding takes longer than repeat ones. Full explainer: What is a NOA?.

Applying takes about six minutes and decisions come back in hours or days, not weeks. Bridge Funding can be funded the same day you accept your offer, by real-time payment once your bank account is verified. For invoice factoring and PO financing, the first funding usually waits on your retailer's Notice of Assignment (days to a couple of weeks depending on the retailer); after that, invoices are typically funded within 24 hours. Every advance is verified first, so no funding time is guaranteed.

Financing is priced per advance and shown before you accept, with no hidden fees; the platform subscription is separate and is not a markup on capital. Invoice factoring and PO financing carry a finance charge based on an annual rate and the number of days the advance is outstanding, taken at funding, so a shorter term costs less. Bridge Funding is one flat fee that never increases, and demand plan financing is a fixed annual rate with no origination fee or prepayment penalty. Rates depend on your business, the product and the retailer, so an exact number comes only from your offer; see pricing.

Spring never takes equity. Invoice factoring and PO financing are a sale of your receivables: the retailer pays Spring directly under a notice of assignment, and you sign a Validity Agreement (your promise that the invoices and what you tell us are genuine) rather than a personal guarantee of repayment. Bridge Funding takes an interest only in the receipts it purchased, with a limited validity guaranty; demand plan financing does carry a lien on business assets. Whatever applies is stated in your offer documents before you sign.