Getting cash flow out of a deep freeze Purchase Order Finance and Invoice Factoring Line Client: A Home Shopping Network (HSN) chef and his gourmet frozen food company Industry: Food and Entertainment Situation: As one of HSN’s popular hosts, the Chef was offered an exclusive, one-hour cooking show during which he sold his gourmet frozen foods and cookbook. Orders poured in and he experienced fast, exponential growth. What’s more, he expects business to increase ten-fold over the next five years. But HSN, like other televised home shopping networks, requires its sellers to have inventory on hand to quickly fill customer orders, ... Read More
