Purchase Order Financing
[pur-chuh s] [awr-der] [fi-nan-sing]
The assignment of purchase orders by a business to a third party who accepts responsibility for billing and collecting from buyers of the company’s products and services. It is a form of expensive financing used to purchase materials required to produce products needed to fulfil a purchase order already received from a buyer.
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"This is one of the best courses that I have attended. The attendees inside and outside of my team still talk about it positively, and my other team members would really like to be trained as well. Unfortunately, my organzation does not have adequate budget to support additional sessions this fiscal year. I still believe that this was one of the most fun and educational
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