Purchase order funding for your business
Unlocking business potential: How Purchase Order (PO) funding fuels SME growth
Securing a major purchase order (PO) is a significant achievement for any small medium enterprise (SME). It represents a vote of confidence in your products or services and a springboard for growth. However, fulfilling these orders often requires a substantial upfront investment in production or procurement, potentially straining your business’s cash flow.
That's where PO funding becomes a funding option. In partnership with ProfitShare Partners (PSP), we are proud to offer this innovative financial solution designed to bridge the gap between opportunity and execution. With PO funding, your business can confidently accept larger orders and fulfil them without impacting your existing working capital.
Securing a major purchase order (PO) is a significant achievement for any small medium enterprise (SME). It represents a vote of confidence in your products or services and a springboard for growth. However, fulfilling these orders often requires a substantial upfront investment in production or procurement, potentially straining your business’s cash flow.
That's where PO funding becomes a funding option. In partnership with ProfitShare Partners (PSP), we are proud to offer this innovative financial solution designed to bridge the gap between opportunity and execution. With PO funding, your business can confidently accept larger orders and fulfil them without impacting your existing working capital.
The impact of the partnership
Through our partnership with PSP, we aim to empower businesses to seize growth opportunities without financial constraints. Here's why it works:
- Access to capital: Businesses can access the necessary funds to fulfil Purchase Orders, ensuring they can meet demand and maintain customer satisfaction.
- Improved cash flow: By providing upfront capital, PO funding helps businesses maintain healthy cash flow, allowing them to cover operational costs and invest in growth.
How PO funding works
- PO received: The business receives a PO from a large Corporate customer.
- Funding application: The business does an online application for PO financing and provides the relevant documents.
- Funds advanced: If approved, funds will be paid directly to the supplier to cover the cost of goods or services.
- Delivery and payment: The supplier delivers the goods.
- Customer payment: The customer pays directly to the SME’s account which PSP has control or admin rights over.
- Repayment and fees: Capital and Fees are deducted while the surplus profit remains in the clients’ business account.
Benefits of our partnership with PSP
- Swift processing: The application takes about 10 minutes, and the approval process takes between 24 and 48 hours, ensuring businesses gets quick decisions.
- Flexibility: PO funding offers flexible repayment terms that align with the business's cash-flow cycle.
- Expert support: Together with PSP, we provide expert guidance and support throughout the funding process.
- Borrow what you need: Get financing for Purchase Orders between R 300 000 and R 5 million per transaction.
Who can benefit from PO funding?
This innovative financial solution is designed to support a wide range of businesses, particularly SMEs looking to grow their business, including the following:
- Manufacturers: Businesses that need to purchase raw materials to fulfil orders
- Distributors: Companies that require funds to procure products for their clients
- Service providers: Firms that need capital to deliver services as per contractual agreements
The bigger picture
Our collaboration with PSP signifies a powerful commitment to fuelling the growth and success of South African SMEs. By providing solutions such as PO funding, we empower businesses to break free from financial constraints, confidently seize new opportunities and achieve their full potential in a competitive marketplace.
Apply for PO funding through PSP and secure cash flow for your growing business.
Terms and conditions apply.