Structured Purchase Order Financing
Structure PO Financing means Bank pays for the cost of your goods directly to your supplier and frees up your cash for other critical business expenses.
- Funding provided for 45 to 90 days against confirmed purchase orders from select customers
- Limits based on working capital cycle to execute the order. Up to 70% of the value of the purchase order is funded upfront
- Facility to be liquidated from the cash flows accruing from the execution of the order, i.e. through bill discounting or through invoice financing
- Commitment from purchasing corporate to route all payments through Bank
- Minimal documentation