Purchase order funding can be difficult to secure, even with an awarded tender or confirmed contract. Discover why many funders are reluctant to offer this type of finance and how Premier Finance can help your business access purchase order funding through an established invoice factoring facility.
Tag: invoice factoring
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How Invoice Factoring Puts You Back in Control
If you’re a small or medium-sized business owner in South Africa, you’ve probably felt the frustration of waiting on payments. You’ve done the work, delivered the product or service, and issued the invoice—but instead of getting paid, you’re left waiting. Sometimes for 30, 60, even 90 days. This delay is rarely due to your performance....
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Why Your Business Needs Invoice Finance
Many businesses working with major corporates in South Africa face a common cashflow challenge: projects require substantial upfront investment, yet invoices can only be issued upon project completion. This delay in payment can put immense strain on working capital, affecting the ability to take on new projects, pay suppliers, and manage operational costs effectively. In...