PURCHASE ORDER FUNDING
Have you received a purchase order from Government or the Private Sector.
purchase order process
Step 1: Initial Documents
Submit your applications with following documents:
- Completed Application Form
- Valid Purchase Order
- Supplier Quotations
Step 2: Purchase Order Validation
Once all the initial documents have been received, our office will immediately contact the Purchase Order Issuer to confirm validity of the order
Step 3: KYC Documentation
The following documents will be required upon approval of your application:
- Certified ID Copy of Director(s)
- Proof of Residential Address
Step 4: Agreement
Agreement, Regulated Bank Account and Credit vetting.
The process is as follows:
- Signing of the agreement
- Opening of the Central Regulated Bank Account
- Updating of the Banking Detail profile at Purchase Order Issuer and on the Supplier's Database
Step 5: Supplier Payment and Delivery
The following steps will happen:
- Vetting of the Supplier
- Payments made directly to the Supplier
- Delivery of goods to your client who will acknowledge receipt by signing delivery note
Step 6: Conclusion of the Transaction
Once your clients pays for delivery on the Purchase Order, your profit share will then be disbursed into your business account within 24 hours
About the company
Ntirhisano Venture Capital abbreviated as NVC and trading as NtirhoCapital, was established with the sole intention of providing purchase order (PO) funding and working capital to small business that have contract with government or the private sector.
Our mission is to leverage technology and skill-sets available in providing precise and speedy service to our customers. We will achieve this by being innovative, treating our clients with respect and urgency.
Our core values are:
- Integrity
- Customer-Centricity
- Sustainability
- Transparency
- Confidentiality
- Caring for our employees
Ntirhisano Venture Capital offers purchase order funding and working capital to SME’s with annual revenues from R150k to R5m with an established relationship with their customers. The purchase order may be from government or the private sector. The funding will help the SME’s grow their operations and improve their service delivery reputation. The funding amount is from R10k to R120k over a period of 60 days.
kick start your application
It has never been easier to apply for Purchase Order funding