Government and Mining Industry Purchase Order:
At Nashfin we assist with government and mining sector purchase order finance. The finance company pays the manufacturer or supplier, who then delivers the goods to your customer (Government department, Parastatals or Multinational). The customer pays the financing company directly, and the financing company deducts their fees and forwards the remaining balance back to you. Because loan approval depends on the creditworthiness of your customer and not you as the applicant. Our channel partners are still willing to assist with financing your purchase order should they be happy with the GP, even if the directors have poor credit or the business is a start-up
2nd Step (Day 1)
3rd Step (Day 2)
4th Step (Day 2)
Final Step (Day 3-7)
Once goods are delivered and delivery notes are signed by the end user, the finance company will monitor invoice payments from the client.
Upon receipt of funds in the regulated account, the finance company will pay the applicant their profit on the transaction.
****Each deal is evaluated on a case by case basis and the interest % is calculated based on the client. There is no set pricelist for the interest charged on purchase order funding****