Purchase order funding provides you with the capital and supplies needed to deliver your next purchase order seamlessly.
With our purchase order funding (PO funding) solutions, you won’t have to worry about cash flow shortages or missing out on large orders. Our services also include tender funding, ensuring you have the financial support to secure government and corporate tenders. This way, you can grow your business with confidence.
Sourcefin makes purchase order funding and tender funding easy for businesses across South Africa, ensuring smooth financial support from start to finish. We help you with everything from sourcing supplies to managing logistics and project delivery. We are here to support you through the entire process to ensure you deliver successfully on your next purchase order.
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.
We use advanced automation and cutting-edge credit qualifications. Through careful assessment, we aim to make every PO finance deal work, even when other funding firms cannot support your business. Our friendly consultants will help you understand our PO funding offer, helping you every step of the way to ensure there are no surprise fees or costs.
Once Sourcefin approves your PO funding application, we will pay your supplier. The supplier will then make and ship the goods. This will complete the purchase order and ensure your customer receives high-quality items on time. Then, you can invoice your customer and receive payment.
Our open-minded approach to PO funding means we do our best to help your application succeed. This is true even if you are a startup or small business, or if others have rejected you.
We give you more than just PO financing. We find the supplier and match the goods to the purchase order. We ensure a smooth process so you can deliver the order on time.
Our PO funding specialists will validate and verify your purchase order to make sure you get paid after you deliver your tender. This enables you to grow your business with confidence.
We offer much more than PO funding. We offer specialist support for business processes, finances, and seamless operations to help South African businesses grow with ease.
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:
What is Purchase Order Funding? Purchase Order Funding is a financing solution that provides businesses with the capital needed to fulfill purchase orders from customers. It helps bridge the cash flow gap between receiving an order and getting paid.
What are the different names for Purchase Order Funding? Purchase Order Funding is also known as PO Funding, PO Finance, Purchase Order Finance, Tender Funding, and Order Financing.
How does Purchase Order Finance work? Once you receive a purchase order, we pay your supplier directly. The supplier ships the goods to your customer. After delivery, you invoice your customer and receive payment. We receive our advance plus a small fee, and you keep the profit.
What are the benefits of Tender Funding? Tender Funding allows you to accept larger orders, improve cash flow, grow your business without taking on debt, and focus on operations while we handle the financing.
Who can benefit from PO Finance? Any business that receives purchase orders but lacks the working capital to fulfill them can benefit. This includes startups, SMEs, and established businesses looking to scale.
How does Sourcefin support businesses with Purchase Order Finance? We provide end-to-end support including funding, supplier sourcing, logistics coordination, and project management to ensure successful order delivery.
How much does PO Funding cost? Our fees are competitive and transparent. We take a small percentage of the order value, with no hidden costs or surprise fees.
What documents do I need to apply for PO Finance? You’ll need the purchase order, your business registration documents, bank statements, and basic personal identification.
What do I need to qualify for PO Funding? You need a valid purchase order from a creditworthy customer, a registered business, and the ability to fulfill the order with our support.
Do I need good credit for PO Funding? Not necessarily. We focus more on the quality of the purchase order and your ability to deliver, rather than your personal credit history.
How quickly can I get funding through Purchase Order Finance? Once approved, funding can be arranged within days, allowing you to start fulfilling your order promptly.
What costs does Tender Funding cover? Tender Funding covers supplier payments, materials, logistics, and other costs associated with fulfilling the purchase order.
How does PO Funding impact cash flow? PO Funding improves cash flow by eliminating the need to use your own capital to fulfill orders, freeing up resources for other business needs.
Is PO Funding a loan? No, PO Funding is not a traditional loan. It’s a transaction-based financing solution where we fund specific purchase orders rather than lending money to your business.
What industries benefit the most from Purchase Order Finance? Manufacturing, wholesale, distribution, construction, and any industry that deals with large orders and significant upfront costs benefit most from PO Finance.
