How does purchase order financing work?
Purchase order financing works by guaranteeing the financing with a purchase order— an order for goods or services given to you by your buyer.
How much additional working capital can I get from purchase order financing?
You can get funds of up to 50% of the purchase order amount.
What are your interest rates for purchase order financing?
We charge an interest rate between 2% and 4% per month, depending on our Risk team's assessment of your business profile and the financing type.
How do you determine the interest rates?
Our proprietary credit scoring technology uses a risk-based pricing model to determine the interest rates, which are based on the profiles of your business and your client.
How much is the processing fee?
We charge a processing fee of 5%, referred to as the Marketplace Fee, of the financing amount per each transaction.