Purchase Order Funding is critical for an entrepreneur who has just gotten a huge tender or contract but lack the funding to execute or meet the supply. Here are 10 SA Companies Offering Purchase Order Funding
We provide capital to businesses with purchase orders for the supply of goods to government and corporate. We pay your suppliers directly once approved and ensure delivery of goods to your client. We do purchase orders funding where the project period is not be more than 60 days. Furthermore, your margins for the Purchase Order should be atleast 20% (unless your purchase order is for R50 000 and less).
If your project fits this scope and your business meets the criteria below, please fill in the form that follows so that can explore how best to assist you.Depending on your margin, please note that we currently charge from 6% of the total purchase order value (plus VAT) in order to facilitate you with capital to execute your purchase order. However, if your total purchase order value is less than R50000, then we charge a flat rate of R3000 (plus VAT) in order to facilitate you with capital to execute your purchase order. If you would like to get an estimate of what you will have to pay back should you apply for funding, please click here
Our Home
Workshop 17
138 West Street, Sandton
Johannesburg, GAUTENG, SA, 2196
Landline: +27110261474
Whatsapp: +27812851839
Lulalend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!
As an entrepreneur, securing a large Purchase Order with a Government or Corporate client – often means pain & anxiety. Your suppliers require payment in advance and you run risk the risk of your PO being cancelled, unless they can bridge that cashflow gap. We’re able to provide once-off or revolving Purchase Order Finance [or Bridging Finance] for your current & future Government and Corporate Sector POs. Loan amounts range from R1 Million to R25 Million.
Head Office
Telephone: +27 11 568 6294/5
Spartan House
387 Jan Smuts Avenue
Craighall
Johannesburg
South Africa
2196
RM Capital
Purchase order funding or Tender Order Funding allows your business to pay suppliers for goods that you intend to resell or distribute to a customer who has completed a written purchase order. Purchase order funding allows you to pay your supplier up front to deliver or manufacture goods before you receive payment from your customers. In order to qualify for purchase order funding with RM Capital you must sell finished goods (not raw materials, product components or perishable food) Business to Business or Business to a Government Department, with profit margins of over 15%. Purchase order funding is an ideal way to help your business grow without taking on bank debt or selling equity in your company. If sales outpace your incoming cash flow then purchase order funding can be used to fulfil a new customer order. Most often the funding will be structured as an invoice factoring transaction. Factoring is not a loan. RM Capital purchases the rights to the payment to be obtained from the customer. RM Capital will pay your suppliers or provide payment guarantees. In this way a business can accept larger orders and increase their sales with the help of RM Capitals experienced team involved in the deal A critical component is the credit worthiness of your customer/s. The funding is based on your customer’s ability to pay for the order in a timely manner. A review is done of the main aspects of the transaction, including a review of the supplier to ensure that they have the reputation and capability to deliver the ordered products.
Address
The Offices of Hyde Park, Suite 102 – Block B
Strouthos Place (off 2nd Road), Hyde Park,
Johannesburg, South Africa
EMS CREDIT
EMS Credit was founded by a network of accredited experts specialising in a wide array of fields ranging from funding to system development. EMS CREDIT created a model that enables entrepreneurs to get quick and convenient funding assistance to funding their businesses or purchase order expenditure.
The model enables our clients to avoid the hassle of following the tedious traditional route of obtaining a bank loan. We, at EMS Credit, pride ourselves on a quick turnaround time in providing a perfect fit funding solution, while our clients remain in full charge of the opportunity and the running of their businesses. So far, we have assisted more than 500 clients, successfully executed 949 P.O.’s and put almost R210 million in the market.
Physical Address
1st Floor Acacia Building, Greenhill Village Office Park, Botterklapper Street, Lynnwood, Pretoria
Postal Address
Postnet Suite 527 Private Bag x 18
Lynnwood Ridge 0040
Contact Number
Tel: 012 991 5996
Email: [email protected]
GPS Coordinates
-25.766268, 28.312947
Rangewell
Talk to Rangewell – the business finance experts
We know that is your business is growing fast, or has large orders it can mean cashflow problems. We know the lenders who can help with funding that keep pace with every order you receive.
The rates and terms offered by Purchase Order Finance providers vary, and it is important to have expert help to get the most competitive provider for your business type, your sector and your turnover.
At Rangewell, we can use our financial expertise to support your business with all of your invoice finance options – and ensure that you have the financial solutions you need, including:
Beyond Joint Venture
“Beyond JV” is a 100% Black Owned company based in Woodmead. We operate in the field of Supply Chain Services, with a niche on Purchase Order (PO) support services. Our core focus is on Small Businesses who have PO’s and require support to meet client expectations. We work with Municipals and the broader private and public entities to support their small suppliers. Our vision is to raise the maturity of Small Businesses and help them achieve profitability and sustainability.
51 Springfields , 12 Gibson Drive, Buccleuch, Johannesburg, 2090
51 Springfields, 12 Gibson Drive, Buccleuch, Johannesburg, 2090
We provide capital to businesses with purchase orders for the supply of goods to government and corporate. We pay your suppliers directly once approved and ensure delivery of goods to your client. We do purchase orders funding where the project period is not be more than 60 days. Furthermore, your margins for the Purchase Order should be 30% or more (unless your purchase order is for R50 000 and less).
If your project fits this scope and your business meets the criteria below, please fill in the form below for you to explore how best we can assist you. Please note that we currently charge 6% of the total purchase order value in order to facilitate you with capital to execute your purchase order. However, if your total purchase order value is less than R50000, then we charge a flat rate of R3000 in order to facilitate you with capital to execute your purchase order. NB!! If you have never worked with the client, we are willing to review your purchase order and pass it onto our affiliates who would be happy to assist.
Purchase order funding is a facility designed for growing businesses where your business requires funding to supply goods or services upfront to your client. This enables your business to obtain new orders without the stress of obtaining funds to service your client. It is typically a layer of short-term finance over and above conventional banking finance which increases your business’ flexibility to manage growth through the purchase of additional stock. We carefully develop the product to match your company’s cash flow cycle, to alleviate the strain caused by increased turnover. It applies to local procurement as well as imported products.
Accounts Department
Telephone: +27 (0) 63 694 8606
Cell Phone: +27 (0) 82 774 8905
Email: [email protected]
Contact: Ester Calitz
Address: 321 Alpine Way, Lynnwood, 0081
Sales Department
Cell Phone: +27 (0) 61 494 2983
Email: [email protected]
Kenote Finance is a leading finance institution in South Africa established in 2016. The group offers ethical and innovative credit solutions to SMME’s and entrepreneurs. We are a company that supports entrepreneurs with Funding for Purchase Orders. Getting into business with us is convenient and our application approvals take two working days. Our deliveries are done within a week.
Head office:
Kenote Finance (Pty) Ltd.
Mellis Court, Imagine House,
2nd Floor, 2 Mellis Road, Rivonia
010 444 0363
At Nashfin we assist with government and mining sector purchase order finance. The finance company pays the manufacturer or supplier, who then delivers the goods to your customer (Government department, Parastatals or Multinational). The customer pays the financing company directly, and the financing company deducts their fees and forwards the remaining balance back to you. Because loan approval depends on the creditworthiness of your customer and not you as the applicant. Our channel partners are still willing to assist with financing your purchase order should they be happy with the GP, even if the directors have poor credit or the business is a start-up
Purchase Order Financing is a financial lending facility that allows companies to access funds in the short term, service their clients and grow their business. It is an ideal lending facility based on guaranteed purchase orders, project based or procurement business.If your business requires funding to supply goods or services upfront to your client, purchase order funding will enable your business to fulfill the order without the stress of acquiring additional working capital for the business. The short term finance is normally over and above tour regular banking finance, credit, loans or overdrafts, which increases your business’ financial flexibility to be able to purchase stock to fulfill your orders. AFS structures each deal according to the clients cash flow cycle to ensure your business is not under additional pressure while the orders are being fulfilled.
Physical Address
43 Wierda Road West
Wierda Valley
Sandton
2196
Phone:
+27 82 871 4603
Email:
