Cash Flow Solution: Tender Financing and Purchase Order Financing

Business finance

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The Tender Secret: How to get tender finance when banks refuse you?

Tender financing or tender finance in South Africa is a funding option for businesses or tenderpreneurs that need cash to fulfil purchase orders from government, many times entrepreneurs, especially black, find that they have the skills that can or wins them government tenders but do not have the money to spend on the order, a government purchase order as it is sometimes called, to do the work that a particular government tender requires them to do and accomplish the tender goals.

Purchase order financing or purchase order finance is a funding option for businesses that need cash to fill single or multiple customer orders. In many businesses cash flow problems exist. There will be times where there is simply not enough money available to cover the costs of doing business.

Click Here & Save Time!  Apply Once But To Many Tender Funders!

The Problem

Black entrepreneurs in particular often complain that banks refuse to take the risk to provide the tender financing or purchase order financing. This becomes a “catch 22” situation for these businesses as government won’t give a business a tender unless they have what is called Bank Financial Guarantees for Tenders or a “big brother” who will say “I guarantee to assist this business with tender financing so that it can get the tender or be able to meet the cashflow needs.”.

The Solution: Tender Financing

Tender financing need in the market exists, it is a general business cash flow need nothing special, and so the market innovated with alternative tender financing and purchase order financing options, financiers who are willing to take the risks that the banks won’t take, financing the said business or tenderpreneur, and at very competitive interest rates than even the banks sometimes.

Benefits for your business:

  • No bank deposit to get tender finance.
  • No bank collateral.
  • Competitive interest.

Click Here & Save Time!  Apply Once But To Many Tender Funders!

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8 thoughts on “Cash Flow Solution: Tender Financing and Purchase Order Financing”

    1. Hi Xolisa,

      Do you do tenders as part of your business? If yes, do you find you don’t have money sometimes to do the tender or finish it?

        1. Hi Thokozani,

          Depends what are your needs? Lets start with with finishing a tender what do you need? Are you struggling with cash flow to pay suppliers on time? What are the problems?

  1. I have a contract with a private company but am finding difficulty starting due to lack of initial cash injection, can i be assisted in any way?

    1. Hi Ali,

      Indeed, I feel if people have purchase orders and there is tighter controls on how that project is done, the risk is quite low, so yes we need such forms of funding. Do you often have cash flow problems with purchase orders?

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