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General Details

If you have a PO/ letter of appointment but no funds to execute, speak to me/us: ******
Call: ******

Here's how a Purchase Order Funding transaction is usually structured...

Let's assume that your customer has awarded you an order of R100,000,00 for stock. Now let's assume the Supplier charges and sends you a pro-forma invoice of R70,000,00 for the stock. My Channel Partners can help you complete this sale by structuring the following transaction (assuming the PO has been verified):

1. The Finance Company reviews the transaction to ensure that it complies with the funding requirements.
2. The Finance Company then creates a Trust Fund where money will be put in, in-order to pay your Supplier, the same account is where your Client will settle the invoice for the goods received.
3. The Finance Company pays the R70,000,00 to your supplier directly (After the Supplier has been verified as a credible source).
4. Once payment has been received, the Supplier delivers the goods direct to Client, who then inspects and accepts them by signing a delivery note.
5. The Finance Company charges you a rate of +- 13% on the amount paid out. which means that their cost is R9,100,00 therefore they'll get R79,100,00 (R70,000,00 + 13% = R79,100,00) at the end of the transaction once your Client settles the invoice.
6. The R100,000,00 is paid into a trust account (which was created by the Finance Company at the beginning of your agreement) by your Client. The Finance Company keeps its R79,100,00 you get paid the difference R20,900,00.

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daniel joeMember since 2015
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