Advanced Factoring: invoice factoring and PO financing for manufacturers
Get an advance on your purchase orders and invoices. Your factory's track record can earn you a better rate.
Net terms tie up your cash
Your buyers pay on net terms, 60 days or more after each invoice. Your production costs start months before that. Each new order needs more working capital.
What you get
- An advance on each verified purchase order and invoice.
- A better rate based on how your factory runs.
- Repayment cycles up to 120 days.
- Repayment when your buyer pays.
- Reshore IQ included.
Your track record gets you a better rate.
Every order creates a record of how your factory runs: production, tooling, quality, materials and operations. When you connect Reshore IQ to your systems, that record shows how reliable your factory is. A clearer view of your factory lets us offer you a better rate.
Who can apply
North American manufacturers with buyer contracts of one year or more. Your buyers place recurring orders and pay on a predictable cycle.
How to start
- 01Apply
Send the application form.
- 02Review
We review your buyers, your purchase orders and your payment history.
- 03Connect
Our engineers connect Reshore IQ to the systems your factory already uses.
- 04Track record
Reshore IQ shows how your factory runs, and we use that record to set your rate.
- 05First advance
You get your first advance on a verified purchase order.