ขณะนี้คุณกำลังดูเว็บไซต์นี้ในรูปแบบภาษาอังกฤษ กรุณากดตรงนี้เพื่อดูในรูปแบบภาษาไทย
PO Financing
Receive cash upfront
to pay your supplier
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Financing up to THB 10 million
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Receive cash upfront to pay your supplier for up to 100% of PO or invoice value
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Flexible multiple PO or invoices with the facility
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No collateral required
What is PO Financing?
Payable Financing is a programme that is led by an Anchor Supplier to receive early payment on your invoices to all buyers without recourse. This will help increase liquidity, optimize working capital, and build a good relationship with suppliers.
1. SME (Buyer) will send a payment request to Funding Societies
2. Funding Societies pay the costs to suppliers up to 100% of the PO value or invoice value.
3. Buyer full repayment on the due date to Funding Societies.
FS "PO Financing" is open to
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Limited Partnership or Company Limited
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Operating for at least 12 months and submitted audited financial statement last year
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No record of late payment of more than 3 months
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Have valid PO placed with suppliers to support core business
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Can demonstrate previous transaction history with suppliers
How to Apply?
Apply
Easily apply via the website by providing business information. Funding Societies will contact you within 2 business days to provide advice and assist you in preparing documents for submission.
Consult
You will receive the services of a personal expert in advising on the type of funding that is suitable for your business situation without any charge.
Submit Documents
Submit relevant documents including purchase orders via online channels. Funding Societies will quickly review your application.
Signing and Disbursement
Easily apply via the website by providing business information. Funding Societies will contact you within 2 business days to provide advice and assist you in preparing documents for submission.
Application for Payable Financing
Documents needed
✔️ Company Financial Statement
✔️ Por Por 30 (Last 12 months)
✔️ Company Financial Statement (Last 6 months)
✔️ Business Registration Certificate (Not more than 3 months from date applied)
Prepare it to speed up the application process
Are you wondering which loan you should apply for 🤔?
If your business is...
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Juristic to Limited Partnership or Company Limited
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Annual revenue of more than THB 10 million and Minimum 1 year audited financial statement
Frequently Asked Questions
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What is PO Financing?
This product helps the SME to receive cash upfront to pay your supplier for up to 100% of PO or invoice value and can offer you a financing of up to THB 10 million and no collateral required.
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How to receive funds?
For “PO Financing” when your financing is approved have 2 ways for disbursement.
1. Direct to Supplier Payment
Borrowers submit invoices from suppliers along with payment requests to Funding Societies. We will pay 100% of the invoice values directly to your suppliers.
2. Reimbursement for cost incurred
Fund is transferred to Borrower's account to reimburse borrowers for applicable purchases.
For PO Express pay to the supplier only. We will pay 100% of the invoice values directly to your suppliers.
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How to make repayment?
“PO Financing” can be repaid with bullet principal + interest at the end of tenor and request for a tenor of up to 120 days. Repayment should be transferred directly to Funding Societies.
“PO Express” can be repaid with bullet principal + interest at the end of tenor as well and request for a tenor of up to 90 days.
What if I can't make my payments on time?
If you are late in making your repayments, you would be charged penalty fees. Please note that these vary by product. For more accurate and updated fees/charges, kindly check with us.
Can I make an early settlement?
Yes. Early repayments are always encouraged as it reduces outstanding principal. Interest is calculated per actual days based on outstanding principal.
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Are there any other fees and charges?
“PO Financing” has an Upfront Fee and Disbursement Fee. For more accurate and updated fees/charges, kindly check with us.
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How is interest calculated?
Interest is calculated according to actual principal outstanding and duration of the loan. Partial repayment will reduce principal outstanding and interest charges.
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What documents do we ask for?
For Consulting
1. Company Profiles (if any)
2. Audited financial statements last 3 years (at least 1 year)
3. Por Por 30 (latest 12 months or unaudited period)
4. New sales / project contracts, purchasing order, or invoices for financing request
For Loan Application
1. Company's Affidavit (not more than 3 months)
2. Shareholder List (BOJ 5) (not more than 3 months)
3. Copy of national ID card (front and back) of Authorized Director
4. Company Profiles (if any)
5. Main Company Bank Statements (latest 6 months) E-Statement only and have transaction details
6. Audited financial statements last 3 years (at least 1 year)
7. Por Por 30 (latest 12 months or unaudited period)
8. Credit bureau report (not more than 2 months)
9. Sample of past PO to suppliers / project contracts, purchasing order, invoices, or fund receipts
10. New sales / project contracts, purchasing order, or invoices for financing request
