You are in the business of selling goods, wholesaler, distributor, retailer, manufacturer or importing and exporting. Your business is growing and the orders are increasing. But your business needs to pay your Suppliers before the goods are shipped and then you have to wait 60-90 days before your customers pay you. This ‘gap’ can create a big problem for your cash flow, especially for the SME. Purchase Order Finance funds these gaps so that your business can keep on growing and you can satisfy your customers and build your reputation for reliability and service.
Purchase Order Finance can be used for a single large order so that you don’t miss out on doing a great deal with your customers, or it can become a more permanent solution ensuring your business growth.
Once you have a confirmed and verified order, SME Cash pays your Supplier so that the goods are paid and delivered to you. Your business then completes the order(s) to your customer(s). As you receive payments from your customers then the loan to SME Cash is repaid.
SME Cash with its unique finance shop of multiple finance solutions offers businesses options to support your Purchase Order Finance, selecting and advising the best that fit your business. It may be through a business loan, an inventory loan, invoice finance or a combination of these. Qualify for Purchase Order Finance and the benefits of being able to access your 'tied up' cash means that you can confidently move ahead to keep growing your business and create jobs.