Question 1

What is PO funding?

Accepted Answer

PO funding is a form of transaction-based business finance that helps suppliers obtain working capital to fulfil confirmed purchase orders.

Question 2

Who can apply for purchase order funding?

Accepted Answer

South African businesses with qualifying purchase orders or confirmed commercial transactions can enquire about funding. Each transaction is assessed individually.

Question 3

Can startups apply for PO funding?

Accepted Answer

Potentially. The strength of the purchase order, customer, transaction and fulfilment structure will be important factors. Funding is subject to assessment.

Question 4

Can I use PO funding to pay my suppliers?

Accepted Answer

Depending on the approved funding structure, funding may be used for eligible costs associated with fulfilling the purchase order, including supplier payments.

Question 5

Can I fund a government purchase order?

Accepted Answer

Government-related purchase orders may be considered, subject to the transaction meeting the relevant funding criteria and documentation requirements.

Question 6

How much PO funding can I get?

Accepted Answer

The amount depends on factors including the purchase order value, customer, transaction structure, supplier requirements and risk assessment.

Question 7

How quickly can I receive funding?

Accepted Answer

Funding timelines depend on the completeness of the application, verification requirements, transaction structure and approval process.

Question 8

Do I need collateral?

Accepted Answer

Security requirements can vary depending on the transaction and funding structure. Speak to Growthub to understand what may be required for your transaction.

Question 9

What documents do I need?

Accepted Answer

Requirements may include your purchase order, company documents, customer information, supplier quotations, invoices, banking information and other supporting documentation.

Question 10

Do I have to be a Growthub client to apply for funding?

Accepted Answer

No. Anyone with a confirmed order can apply. Funding applications are assessed on your compliance too, so if your CIPC standing, CSD registration or tax compliance needs work, Growthub can sort that out first. Company registration starts at R750 all-in, including CIPC registration, name reservation, your SARS tax reference number and a free B-BBEE affidavit.

Fund the order.
Deliver the opportunity.

A strong order deserves a clear route to delivery.

From opportunity to delivery.

1. Share the opportunity

2. We assess the deal

3. Funding is structured

4. Deliver and settle

Funding and compliance in one place.

Purchase order funding

Invoice discounting

Business compliance

Turn the confirmed order into delivery.

Fund the order.Deliver the opportunity.