Tender and Purchase Order Finance - Borrow from R50 000 upwards! | MarketDirect.co.za
I appreciate your interest in our innovative funding solution; please read below so that you understand what we are.
MarketDirect Purchase Order Financing is a new problem-solving innovation in funding using technology to make financial services ("FinTech") accessible to small to medium enterprises ("SMEs"), those SMEs. They have purchase orders from national companies and the government but do not have good credit history and asset collateral to qualify for traditional business loans.
Our purchase order funding is
NOT LOANS/CREDIT as defined in NCR; it's short-term partnerships in your projects meant to help you solve the problem of lack of funding to execute your project; we buy goods/services on your behalf, deliver them to your client, and we share on your profit at an agreed rate.
The Downside:
We have to be honest and upfront with you, so you make your own decision well informed; though SMEs or startups with poor credit scores ("no trustworthiness score") get access to immediate funding, we have to establish the stringiest means to collect our money invested back directly and exclusively from your business account, it's part of our condition you must agree to get funded, we are financing SMEs who do not qualify for loans because of their poor credit scores("no trustworthiness score"), and please understand we are therefore exposed to the highest risk so we must take extra precautions to get our money back.
GOOD BUSINESS REPUTATION LEADS TO BIGGER PROJECTS
What is the risk to your business if you do not deliver to your clients on time? Losing future business from your client forever!
BENEFITS FOR YOUR BUSINESS:
Your company will enjoy these benefits:
- BUSINESS FINANCE ACCESS - you can quickly deliver your orders and grow your business!
- POOR CREDIT SCORE WELCOME - this funding allows you to clean your poor credit score again, with no affordability checks and no business financial history requirement.
- RAPID EXPANSION OR GROWTH OF YOUR BUSINESS - you can now do the BIG purchase orders you could not do before and make more money; instead of 1 charge, you can do many in the same month!
- START-UPS: Is available to new companies/start-ups
- USE WHEN YOU NEED IT: Is transactional – use it only when you need it.
- QUICK TURNAROUND: Can be set up quickly, often in a week.
- LESS HUSTLE: This is easier to get than bank financing. No need for business plans.
HOW DOES IT WORK?
We pay the supplier directly on your behalf. You set up a bank account where you will receive your payment from your client. We pay your supplier who manufactures and delivers your product, or we can handle logistics should your supplier not be able to return to your client.
The transaction settles when your client receives the goods and pays for them. We subtract our finance fees from your business bank account, and you are left with your balance.
DO YOU QUALIFY?
To qualify for purchase order financing, your company must have:
- Sufficient gross profit margin such that our financing fees can be payable by you and you end up with enough good profit.
- Purchase orders where you will spend R50,000 or more
- Simple delivery of goods projects, but we can fund performance-based/services projects often rejected because they are high risk like construction. Still, we may need to manage your project management to ensure success.
- Clients must be large South African corporate or government parastatals
- Importing of goods projects where your client is most financing companies reject a corporate or government, these projects, we have experience in sourcing goods internationally.
OUR FINANCE FEES
We charge you a percentage of the cost of goods or profit share; the actual rate is very competitive and depends on our risk assessment and other factors, remember we fund SMEs who are often declined by every funder, so we take a high risk of financing your project, we make an offer and if you accept we "shake hands and we in business."
HOW LONG DOES IT TAKE TO BE FUNDED?
You get approved within 24-48 hours, and we pay your supplier in 4-5 days if the SME acts with speed.
HOW TO APPLY FOR THIS FINANCING?
Fill out the online form for purchase order financing. Click this link www.marketdirect.co.za
We again thank you for taking an interest in our funding solution.
Why are we number 1? Small Businesses give us 5 Stars!
Let MarketDirect grow your business VERY FAST!
Related Articles
What is the interest or fees charged for Purchase Order Funding?
These are not loans but purchase order funding as we assume all risk and not charge interest, you can not get business loans without credit checks, so we work in a profit share model. Please wait if you submitted your Purchase Order Funding request ...I need purchase order funding for less than R50 000.
Our minimum is R50 000, but submit it on the form for considering using your affiliate link.Date field don't allow filling of date at MarketDirect.co.za PO Finance form
Please try to use a different device/browser because we hear this problem , though not usual, happens with those who use Safari browser, there is suppose to be a calendar option that you select to show calendar and select date, we will talk to our ...TolaTenderPro - We Do RFQ and Tender Search, Bid Preparation and Submission For You!
The Tender Winning Secret: MaMkhize's Story Introducing TolaTenderPro service: We find the right RFQs and tenders, prepare your bids, and submit them to help you bid more often—giving you more time to focus on growing your business. Plus, we have ...How to move or port my Telkom voice landline to my MarketDirect.co.za VoIP service?
Thank you for your choice in porting your current telephone number(s) to us. Please note that your account needs to be settled, or Telkom will not release your number. Once the port request has been accepted, it can take up to 10 working days for ...