Purchase Order Financing
For Your Production Needs
Free your working capital
Support your procurement and payment to suppliers
Solve cash flow issues. Expand your business.
Fulfil More Orders
Support Companies Including SMEs
Although traditional institutions are reluctant to provide working capital to small businesses,
You can still access PO Financing with Velotrade without loading the balance sheet with debts.
No lock-in time or full portfolio requirements.
With fewer parties involved. Just you and your buyers.
Move away from the constraints you used to suffer from.
Make Early Payment to Your Partners
Ensure smooth liquidity without pressure to pay your factories and raw materials suppliers.
Speed up your business expansion. Develop new production units.
No onboarding fees. See what’s different.
Effective Solution to Pay Your Suppliers
The client exports readymade garments and accessories, serving 300,000+ customers. Due to the constraints of bank financing, the business needs more working capital to grow at the expected level..
Based in Hong Kong and the US, with suppliers from Bangladesh and India
The client was working with their long-term buyers in the US under export Letter of Credit terms.
However, the complex transaction pattern with banks was blocking working capital both at the buyer’s and supplier’s end.
Velotrade’s back-to-back purchase order finance limit against invoice discounting enabled the company to grow their business with established buyers.
The client’s business volume has since been growing due to no upfront bank limit requirements at buyer’s end.
number of invoices financed in 5 months
This smooth injection of liquidity is being used for business expansion, early payments to factories for raw materials, and new production units development.
Accelerate Production Cycles
Owning 6 factories in Southern Vietnam, the client sources fresh rice from local farmers and sells it to big exporters. Financing is needed to scale up the procurement.
Based in Vietnam
It takes 1-3 months to finish the production to fulfil the agreed quantities.
The buyer only deposit 5-10% and no further payments are expected until goods are well-received.
Despite having bank loan facilities, the client is looking for financing to take more orders.
buyers are top 10 rice exporters
annual turnover in USD
50% of the purchase orders are financed by Velotrade, while the bank funds the rest. Velotrade’s solution works perfectly as an add-on to the bank’s financing.
This helps the client increase production during peak seasons.
Smooth Financing Experience
We seek to understand your business instead of your assets
A solution that fits the actual requirement in the supply chain of global businesses
Trade only the deals you want – No lock-up clauses
Pay only when you trade: All fees are specified ahead
Optical Character Recognition to autofill the document info for you. Just upload them.
Operate anywhere, anytime. Our services are available on mobile, tablet and desktop.
Securely developed in-house. Our team continuously manage updates to protect all users.
Awarded & Recognised
“Winner of Tech Challenge”
“Enhance operational effectiveness”
“Addressing the trade finance gap”