Purchase Order Financing Factoring & Asset-Based Lines of Credit for B2B Businesses with Fernando Ponce

In this episode of the My SBA Loan Pro Podcast Face to Face, Ryan Smith, Principal & founder of ThinkSBA sits down with Fernando Ponce, Business Development Officer at Primary Funding, a non-traditional lending source based in San Diego, California specializing in Purchase Order Financing, Factoring and Asset-Based Lines of Credit. Learn how non-traditional lending can bridge the gap for B2B businesses who are unable to secure traditional financing due to negative historical cash flow, tightening of debt markets or spontaneous rapid growth. If you liked this content, let's connect on social media: Instagram: https://instagram.com/mysbapro Twitter: https://twitter.com/mysbapro LinkedIn: https://linkedin.com/in/ryanpatryck 00:00 - Introduction 01:11 - Fernando Ponce's Bio 04:20 - Primary Funding's Role 06:57 - Types of Financing Offered 11:36 - Factoring as a Financing Solution 12:15 - Transparency and Flexibility in Financing 15:47 - Industry Challenges and Red Flags 23:42 - Business Funding Process 26:22 - Industries Eligible for Funding 29:51 - Challenges in Closing Credit Facilities 31:13 - Importance of Transparency 37:30 - When and How To Contact Fernando Link to full episode: https://youtu.be/0Y8x32Y6xsM?si=Uj9vSNG1WMkPb20- More ThinkSBA Resources ⁠https://calendly.com/thinksba - Schedule Call https://g.page/thinksba - Google Business Page & Reviews https://thinksba.com/faq - Frequently Asked Questions https://mysbaloanpro.com⁠ - My SBA Loan Pro Podcast https://youtube.com/@thinksba - YouTube Channel