Purchase order funding

PO funding made easy

Purchase order funding provides the capital needed to procure the supplies required to deliver on a purchase order.

We want to make it easy for you to deliver on your next purchase order. Instead of being restricted by cash flow or unable to fulfil large orders on time, we can source the supplies in addition to tender finance so that you can grow your business with confidence.

Sourcefin makes the entire purchase order funding and tender finance process easier for South African businesses. From sourcing and obtaining the needed supplies to logistics and project management, we are on your side through the whole process to ensure you deliver successfully on your next purchase order.

Specialist, end-to-end purchase order funding and sourcing support

Open-minded funding

Our open-minded approach to PO funding means that we do everything possible to make your application work, even if you were rejected by others

Open-minded funding

Our open-minded approach to PO funding means that we do everything possible to make your application work, even if you were rejected by others

PO validation and verification

Our specialists will validate and verify your purchase order to make sure that you get paid after delivery

PO validation and verification

Our specialists will validate and verify your purchase order to make sure that you get paid after delivery

Sourcing & logistical support

We find the supplier, match the goods to the purchase order, and ensure the whole process is smooth and the order is delivered on time

Sourcing & logistical support

We find the supplier, match the goods to the purchase order, and ensure the whole process is smooth and the order is delivered on time

Specialist business process support

We offer specialist support for business processes, finances, and seamless operations to help you grow your business with ease

Specialist business process support

We offer specialist support for business processes, finances, and seamless operations to help you grow your business with ease

Open-minded PO funding

Our open-minded approach to PO funding means that we do everything possible to make your application work, even if you are a startup / SME or were rejected by others

PO validation and verification

Our PO funding specialists will validate and verify your purchase order to make sure that you will get paid after delivering your tender so you can grow your business

Sourcing & logistical support

We give more the PO finance. We find the supplier, match the goods to the purchase order, and ensure the whole process is smooth and the order is delivered on time

Specialist business process support

We offer much more than PO funding. We offer specialist support for business processes, finances, and seamless operations to help you grow your business with ease

Find out if you qualify for our purchase order funding.

How Sourcefin's PO funding works

We simplify the entire PO finance process to make it easy for you to secure the funding you need to fulfil your purchase orders. Get tender finance in three simple steps and confidently deliver on your next purchase order.

STEP 1

Simple PO funding application

First, answer a few simple questions to see if we’re the right fit for you. Second, provide basic business and personal information effortlessly supported by automation. Finally, tell us about the deal so we can prepare to provide you with purchase order funding.

STEP 2

Smart PO funding approval

Using cutting-edge automation and state-of-the-art credit qualifications, we strive to make every PO finance deal work through careful assessment, even when other tender funding firms can’t. Our friendly consultants will make sure you understand everything about our PO funding offer and help you every step of the way without hidden fees or costs.

STEP 3

Seamless PO funding advance

Once your PO funding is approved, Sourcefin will pay your supplier who will manufacture and ship the goods to complete the purchase order and satisfy your customer with high-quality on-time delivery. Then, you can invoice your customer and receive payment. We receive the original PO funding advanced and a small portion of the profits, and you keep the rest to grow your business!

Access Sourcefin's easy PO funding

You now have access to sufficient tender finance and sourcing support.

Sourcefin is your ultimate PO finance partner, providing you with start-to-finish support on your next purchase order. We deliver:

Grow with our PO funding solution

Like us, you’re targeting growth. By building a lasting partnership we can grow together. Start growing your business today with your purchase order funding partner of choice.

Ready to secure easy purchase order funding?

Explore our insights on PO finance

Below are our most popular blog posts about purchase order finance

At Sourcefin, we understand the importance of staying up-to-date with the latest trends and best practices in purchase order finance. Our blog section is dedicated to providing entrepreneurs with valuable insights, expert advice, and practical tips on how to optimise their tender finance strategies. From understanding the fundamentals of purchase order finance to exploring advanced techniques for managing cash flow, our articles are designed to help you succeed. Visit our blog to stay informed and make the most of your purchase order finance solutions.

You’ve received a purchase order – now what?

Discover the essential steps to take after receiving a purchase order. Our guide provides expert advice on managing purchase order finance, ensuring smooth operations and successful fulfillment.

Painful mistakes to avoid when delivering a PO

Learn about common mistakes to avoid when delivering your purchase order. Our article offers expert tips on effective purchase order finance management and ensuring timely, accurate fulfillment.

Why PO finance is such a powerful funding option

Explore how purchase order funding can unlock cash flow and drive business growth. Our article delves into the benefits of purchase order finance and how it can help your business thrive.

A quick guide to purchase order funding

Discover the essentials of purchase order funding with our quick guide. Learn how PO funding works, its benefits, and how it can help your business manage cash flow and fulfil large orders effectively.

Do I need purchase order finance for my business?

Wondering if purchase order funding is right for your business? This article explores the benefits and considerations of PO funding, helping you determine if it’s the ideal solution for managing cash flow and fulfilling large orders efficiently.

How to find game-changing tenders for your SMME

Discover how to find tender opportunities for your SME with our comprehensive guide. Learn effective strategies to secure tender finance and tender funding, helping your business grow and succeed in competitive markets.

Grow your business with Sourcefin's easy PO finance

FAQs about PO finance

We’ve answered the most common questions about PO funding.

What is Purchase Order Funding?

Purchase Order Funding, or PO Funding, is a financial solution that helps businesses fulfil large purchase orders by providing the necessary funds to cover production and delivery costs before the customer pays.

What are the different names for Purchase Order Funding?

Purchase Order Funding is also known as PO Funding, Purchase Order Finance, PO Finance, and Tender Funding. These terms are often used interchangeably to describe the process of securing funds based on confirmed purchase orders.

How does Purchase Order Finance work?

Purchase Order Finance involves a lender like Sourcefin advancing funds based on a confirmed purchase order. This financing covers supplier costs, ensuring timely delivery and payment once the order is fulfilled.

What are the benefits of Tender Funding?

Tender Funding, also known as Tender Finance, helps businesses secure government and large corporate contracts by providing upfront capital to meet tender requirements, ensuring smooth project execution and cash flow management.

Who can benefit from PO Finance?

PO Finance is ideal for small to medium-sized businesses experiencing cash flow challenges when fulfilling large orders. It helps maintain business growth without financial strain and improves the chances of being awarded more purchase orders.

How does Sourcefin support businesses with Purchase Order Finance?

Sourcefin offers comprehensive PO Finance solutions, including funding, sourcing, and logistics support, ensuring successful order delivery and business growth. We also provide tender funding to help businesses secure and complete significant projects.

How much does PO Funding cost?

It depends on a number of factors, including the value of the purchase order, the cost to deliver, the time the money will be out and the general complexity or risk related to the deal. We evaluate each application individually, and assign a fee based on the aforementioned factors.

What documents do I need to apply for PO Finance?

To qualify for PO funding, you will need to provide some or all of the following documentation:

Identity documentation
Purchase order
Supplier quotes
Bank statements
Tax compliance certificate

What are the eligibility criteria for PO Funding?

Eligibility for PO Funding typically requires a confirmed purchase order from a creditworthy customer, a viable business plan, and the ability to fulfil the order within the specified timeframe. Importantly, the purchaser or end buyer should be able to pay the full amount due on time.

Do I need good credit for PO Funding?

Not necessarily. Remember, the money advanced to you is specifically to deliver on a purchase order. Therefore, the money advanced to you is secured by the value of a valid, successfully delivered PO. We do consider credit history during our application process, to ensure we are satisfied that no significant risk factors are present.

How quickly can I get funding through Purchase Order Finance?

Sourcefin aims to approve the deal within 48 hours. However, the timeframe for receiving PO Funding can vary. Many businesses can secure financing within a few days to a week, depending on the lender's processes and the complexity of the order.

What costs are covered by Tender Finance?

Tender Finance can cover various costs, including supplier payments, manufacturing expenses, logistics, and other project-related costs, ensuring that businesses can meet tender requirements effectively.

How does PO Funding impact cash flow?

PO Funding helps improve cash flow by providing the necessary funds upfront to fulfil purchase orders, ensuring that businesses do not face cash shortages during critical operations.

Is PO Funding a loan?

PO Funding is not a traditional loan. Instead, it is an advance based on a confirmed purchase order, meaning repayment is typically tied to the completion and payment of the order. When you partner with Sourcefin, for example, they only receive payment once you receive payment.

What industries benefit the most from Purchase Order Finance?

Industries that frequently benefit from Purchase Order Finance include manufacturing, wholesale, distribution, and retail, especially those dealing with large volume or high value orders.

Can Sourcefin help me apply or secure my next purchase order?

Sourcefin doesn’t help with the purchase order application process. Instead, we give you the peace of mind to apply for orders that you may have felt you couldn’t apply for in the past due to insufficient funding or sourcing support. Once you have received a purchase order, Sourcefin can support you source, fund and deliver on time, every time. We'll partner with you for growth.

Purchase order funding

PO funding made easy