
Apparently, the Consumer Electronics Show is off to a good start. The show opened today.
What does this have to do with purchase order financing? More than you think. Many purchase order financing companies focus on wholesalers that sell products to big box retailers. Many of these wholesalers focus on selling electronics. And there is where the connection lies.
The "vibe" at CES is that things are getting better, and thus companies are investing more to show their wares. Hopefully, this will ultimately translate to sales and revenues.
As I have said in prior posts, we are now starting to see glimmers of good news. Hopefully this momentum will eventually translate into a growing economy and more importantly - jobs.
In the mean time, like most purchase order funding companies, we are still going to focus on government suppliers.
Need a reminder of how purchase order financing works? Check out these purchase order financing resources.
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Looking for information on purchase order financing? Read the purchase order finance blog
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