What is P. O. Factoring?
Purchase Order Factoring (P.O. Factoring) is a value-added service of Factoring. Upon submission of buyers’ purchase order, businesses could access to cash early in production stage, release the pressure on prepayments and improve capability to take up larger orders. After delivery of goods, P.O. Factoring will be switched to Factoring to maintain a sufficient cash flow.
Access to cash up to 40% of P.O. value
Release the prepayment pressure in production stage
Fund the whole process from purchasing to sales
Ensure your cash flow is always in a optimistic position
Improve capability to take up larger orders
Grow your business without worrying about production costs
Bargain for better terms with suppliers
Pay your suppliers on time to negotiate for better materials costs
How P. O. Factoring Works?
Submit Purchase Order
Submit valid purchase order and relevant documents
Cash advance up to 40% of the purchase order value right after verification
Delivery of Goods
Switch to Factoring with relevant invoices and documents
Warning: You have to repay your loans. Don't pay any intermediaries.
Enquiry and Complaint Hotline: 2384 6338
Money Lender's License No.: 43/2023