Purchase Order Finance
Introduction to purchase order finance
A Relion Finance Purchase Order Finance solution provides you the opportunity to take a transactional based approach to funding your business.
How it works?
Relion Finance make use of your purchase order, supply agreement or contract as collateral. We then provide a letter of credit straight to your supplier who will usually ship directly to your end customer (who must be a trustworthy, established business or government entity). Once the customer make a payment the transaction is settled.
We can then take this process a step further to help reduce the risk of delayed customer payments. We can organise a suitable asset finance solution with the customer so that a settlement is guaranteed the moment the equipment has been delivered.
As well as providing purchase order finance, we offer a suite of supply chain finance products to compliment your funding needs. Inventory Finance, Full Service Debtor Finance and Cash Advances can assist with additional cash flow to help maintain growth sustainability.