National InvoiceFactoring
Purchase Order Financing in The Loop business financing

Business district · Chicago, IL

Purchase Order Financing in The Loop

Fund your suppliers and fulfill large orders without draining cash.

  • Serving The Loop and all of Chicago
  • Up to 100% of supplier costs advanced, 5–10 business days for first deal
  • Specialists in staffing receivables
  • Approval based on your customers' credit
Advance
Up to 100% of supplier costs
Cost
1.5%–6% per 30 days
Funding
5–10 business days for first deal

Get a free funding quote

No obligation. No impact on your credit.

PO Financing for The Loop businesses

If your business runs out of The Loop, purchase order financing turns the invoices you've already issued into working capital. Chicago's central business district of corporate offices, exchanges and government buildings, where staffing agencies, security firms and cleaning contractors meet weekly payroll while tenant and agency clients pay on delayed schedules.

Illinois's wider economy runs on Chicago's freight hub, heavy manufacturing and food production, and The Loop feeds into that supply chain. Approval here rests on your customers' credit rather than your own balance sheet, so younger companies in Chicago qualify alongside established ones.

Everything is handled online and by phone — there's no branch to visit in The Loop, and no requirement to pledge real estate. Facilities run from $25,000 to $25 million and grow as your invoicing grows.

How it works in The Loop

  1. 1.Win the order. You receive a purchase order from a creditworthy commercial or government customer.
  2. 2.We pay your supplier. We issue payment or a letter of credit directly to your supplier for up to 100% of the cost.
  3. 3.Goods are delivered. Your supplier ships to your customer, and you invoice upon delivery.
  4. 4.Settle and keep the margin. Your customer pays, we deduct our fees, and you keep the profit.

Why The Loop companies choose National Invoice Factoring

  • Accept orders far larger than your cash on hand
  • Up to 100% of supplier costs covered
  • Domestic and overseas suppliers, including letters of credit
  • Pairs seamlessly with AR financing on delivery
  • Approval based on the transaction, not your balance sheet
  • No equity dilution

Who qualifies

  • You resell finished goods (no heavy in-house manufacturing)
  • Confirmed, non-cancellable PO from a creditworthy customer
  • Gross margin of roughly 15% or more on the deal
  • Reliable supplier with a delivery track record

What The Loop businesses need to apply

Applying takes about ten minutes. Most The Loop companies already have everything on this list, and nothing here affects your personal credit score.

  • The confirmed, non-cancellable purchase order from your customer
  • Your supplier's quote or pro-forma invoice
  • A cost breakdown showing your gross margin on the deal
  • Articles of incorporation and your EIN
  • Supplier references or a delivery track record

The Loop sectors

Industries we fund in The Loop

These are the sectors most active in this business district, and the ones whose customers pay on the longest terms.

Staffing Agencies invoice financing

Staffing Agencies

Paid in 30–60 days from clients

You pay temporary workers weekly while client invoices sit for 30 to 60 days — the faster you grow, the bigger the gap.

Payroll funding advances against your weekly timesheets so placements never stall for lack of cash.

  • Weekly payroll
  • Payroll taxes
  • Workers' comp
Staffing financing
Security Guard Companies invoice financing

Security Guard Companies

Paid in 30–60 days from property managers and contractors

Guards are paid weekly while property managers, event venues and general contractors pay in 30 to 60 days.

Security guard factoring advances against weekly invoices so payroll, uniforms and licensing are always covered.

  • Guard payroll
  • Licensing & insurance
  • Uniforms & equipment
Security financing
Janitorial & Facility Services invoice financing

Janitorial & Facility Services

Paid in 30–60 days from commercial clients

Cleaning crews and supplies are paid upfront while offices, schools and hospitals pay on extended terms.

Janitorial factoring turns completed-service invoices into cash so you can staff new building contracts.

  • Crew payroll
  • Supplies
  • Equipment
Janitorial financing

Worked example

What PO financing costs in The Loop

A $200,000 customer order with $150,000 in supplier cost, financed at 3% per 30 days and completed in 60 days.

Illustrative figures. Your advance rate and fee are confirmed in a written term sheet before you sign anything.

Customer order$200,000
Supplier cost funded$150,000
Your gross margin$50,000
Financing cost over 60 days$9,000
Net margin to you$41,000

You keep $41,000 on an order you could not otherwise have accepted.

Compare your options

PO Financing or AR Financing for your The Loop business?

Both turn future customer payments into cash today. They differ in when they apply, what they fund and what they cost.

PO FinancingAR Financing
AdvanceUp to 100% of supplier costs80%–95% of invoice value
Typical cost1.5%–6% per 30 days0.75%–3% per 30 days
Funding speed5–10 business days for first deal24–48 hours after approval
Best forDistributors, wholesalers, importers and resellers with confirmed POsB2B companies with creditworthy customers on 30–90 day terms
Read the full comparison
Light-industrial staffing firm makes weekly payroll on time

Staffing scenario

Light-industrial staffing firm makes weekly payroll on time

Challenge
A new client with net-60 terms doubled payroll overnight.
Solution
Payroll funding against weekly invoices, with credit checks on new clients.
Outcome
Took on the contract without missing a payroll.

Illustrative example based on a typical client situation, not a specific named client.

See the program

How it works

From application to funding in three steps

Apply in 10 minutes
01

Apply in 10 minutes

Share basic company info and a recent AR aging or purchase order.

Approval in 24–72 hours
02

Approval in 24–72 hours

We verify your customers and send a clear term sheet — every fee disclosed.

Funded by wire or ACH
03

Funded by wire or ACH

Receive your advance, typically within 24 hours of submitting invoices.

Chicago districts

PO Financing in other Chicago districts

We cover every commercial district in Chicago. Pick the one closest to your operation.

Industrial district

Back of the Yards

A south side food processing and cold storage district descended from the stockyards, where meat and produce handlers front inventory and labor before grocery and foodservice accounts pay on invoice terms.

Industrial district

Calumet Industrial Corridor

A far south side belt of steel finishing, barge terminals and heavy manufacturing around Lake Calumet, where suppliers and haulers carry material costs while mill and infrastructure customers pay on long terms.

Industrial district

Clearing Industrial District

A longstanding rail-served manufacturing and warehouse district on the southwest side near Midway, where fabricators and carriers ship to industrial buyers whose purchase orders carry payment terms measured in months.

Business district

Fulton Market

A former meatpacking and produce district on the Near West Side now mixing food wholesalers with corporate offices, where suppliers and contractors invoice restaurant groups and large tenants on extended terms.

Industrial district

Goose Island

A river island industrial pocket near downtown holding fabrication shops, prototyping labs and distribution space, where small producers deliver to corporate and institutional buyers that route invoices through formal procurement.

Business district

Illinois Medical District

A near west side campus of hospitals, research buildings and clinics where nurse and allied health staffing agencies pay clinicians weekly while hospital systems and payers reimburse on much slower cycles.

Port & logistics district

O'Hare Cargo Area

The freight and warehouse zone surrounding O'Hare, filled with forwarders, customs brokers and cartage operators who advance handling and duty costs while importers and shippers pay against delivered documentation.

Industrial district

Pilsen Industrial Corridor

A Lower West Side corridor of food processors, printers and metal shops along the rail and canal spine, where contract producers finance raw materials before wholesale customers settle on net terms.

Business district

River North

A downtown district of agencies, software offices and design showrooms north of the river, where project-based consultancies and technology staffing firms invoice corporate clients that approve payment after milestone review.

Business district

West Loop

An office district west of the Chicago River anchored by corporate headquarters and trading operations, where building service, security and contract technology vendors bill large tenants through centralized accounts payable.

Chicago metro

Towns and suburbs we fund around Chicago

We serve the whole Chicago metro, not just the city limits — including the towns below.

Suburb

Alsip

A south-suburban industrial village along the Cal-Sag corridor, with steel service centers, plastics plants and contractors that deliver to builders and industrial buyers and collect on invoice.

Suburb

Bedford Park

A small rail-and-truck village on the southwest edge of Chicago, dense with intermodal yards, food plants and freight terminals whose operators bill shippers and grocery buyers after loads move.

Suburb

Bensenville

A DuPage County village pressed against the O'Hare cargo gateway, filled with freight forwarders, warehouse operators and truckers who move airfreight and bill shippers on standard logistics terms.

Suburb

Blue Island

A south-suburban town along the Cal-Sag Channel with a community hospital and older industrial blocks, where care providers and trade contractors bill insurers and commercial clients well after service.

Suburb

Bridgeview

A southwest suburb of truck terminals, equipment yards and contractor shops serving the Chicago market, where operators run payroll weekly but invoice general contractors and shippers on longer cycles.

Suburb

Broadview

A near-west village of distribution centers and rail-served warehouses, where logistics operators and wholesalers handle regional freight and invoice shippers and retail accounts on standard terms.

Satellite town

Chicago Heights

An industrial city at the south end of the metro where major highways and rail lines cross, with steel processors, builders and haulers that bill commercial and public customers on extended terms.

Suburb

Elk Grove Village

A northwest suburb built around a sprawling industrial park next to O'Hare, where machine shops, packagers and distributors supply national manufacturers and retailers that pay on corporate net terms.

Suburb

Franklin Park

An inner-ring industrial suburb beside O'Hare with rail yards and older factory blocks, where fabricators, printers and carriers serve regional manufacturers and distributors on deferred payment terms.

Satellite town

Harvey

A south-suburban rail town with a heavy manufacturing past, where surviving fabricators, recyclers and trucking firms serve industrial customers across the region and carry receivables between shipment and payment.

Suburb

Itasca

A DuPage business-park suburb near the airport corridor, home to distributors, technology vendors and professional service firms that invoice corporate customers and absorb the gap before payment arrives.

Satellite town

Lemont

A southwest canal town with refining and research facilities nearby, where industrial contractors, turnaround crews and specialty services invoice plant operators and institutions on long payment schedules.

Suburb

Lincolnshire

A Lake County office-park suburb along the Milwaukee Avenue corridor, where staffing agencies, consultancies and technology vendors place people with enterprise clients and wait out long vendor payment terms.

Suburb

Melrose Park

A west-suburban manufacturing town with a long heavy-equipment and metalworking history, where suppliers and job shops deliver to industrial customers and institutional buyers that settle invoices weeks later.

Suburb

Morton Grove

A north-suburban village with a long-standing industrial strip along Lehigh Avenue, where pharmaceutical packagers, fabricators and distributors supply regional and national buyers on standard credit terms.

Suburb

Niles

A near-north suburb with older industrial frontage and a cluster of medical and senior-care providers, where manufacturers and care operators bill commercial customers and insurers rather than collecting upfront.

Suburb

Northbrook

A North Shore suburb with corporate offices and medical campuses along the Edens corridor, where professional service firms and healthcare suppliers bill large organizations on corporate payment schedules.

Suburb

Northlake

A west-suburban freight and manufacturing town at the junction of major truck routes, where carriers, warehouse operators and metal shops serve shippers and industrial customers that pay after delivery.

Suburb

Vernon Hills

A Lake County commercial suburb with distribution and technology operations along Milwaukee Avenue, where resellers and suppliers ship to business and institutional buyers that pay on net terms.

Suburb

Wood Dale

A compact industrial village between O'Hare and the Elgin-O'Hare corridor, where precision shops and freight operators supply aerospace and consumer-goods customers that buy on open account.

Free calculator

PO Financing Profit Calculator

See whether a purchase order is still profitable after PO financing costs.

Open the calculator

Illinois guide

Factoring & AR Financing in Chicago, IL

How Chicago businesses use invoice factoring, AR financing and PO financing to get paid faster — local industries, costs and how to apply.

Read the guide

PO Financing in The Loop: FAQs

Yes. The Loop falls inside our Chicago, IL service area, and we fund companies anywhere in Illinois. The application, verification and funding all happen online and by phone.

Other programs

Other ways to fund an The Loop business

Every program below covers The Loop too — they differ in when they apply and what they fund.

Accounts Receivable Financing in The Loop

Turn unpaid invoices into working capital in as little as 24 hours.

Advance
80%–95% of invoice value
Cost
0.75%–3% per 30 days
Funding
24–48 hours after approval
Explore AR Financing

Invoice Factoring in The Loop

Sell your invoices, get paid today, and let us handle collections.

Advance
Up to 95% upfront
Cost
1%–3.5% per 30 days
Funding
Same day to 24 hours
Explore Invoice Factoring

Freight Factoring in The Loop

Get paid for every delivered load today — not in 30 to 60 days.

Advance
Up to 97% of the load
Cost
1.5%–4% flat per load
Funding
Same day after delivery
Explore Freight Factoring

PO Financing across Illinois

PO Financing in ChicagoPO Financing in IllinoisWheeling, ILPark Ridge, ILAddison, ILCalumet City, ILAurora, ILRockford, ILJoliet, ILNaperville, ILSpringfield, ILPeoria, ILElgin, ILWaukegan, IL

Get funded in The Loop this week

Talk to a funding advisor today. Decisions in as little as 24 hours.

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