How can I fund a purchase order in the Philippines?
With PO financing: a lender provides funds to buy the goods for a confirmed customer order, and you repay on an agreed schedule. Datung offers PO financing to established Philippine suppliers and distributors. Subject to credit approval.
Funds to buy the goods for a confirmed customer order, so you can say yes to the big one.
How it works with Datung
- Your customer issues a confirmed purchase order.
- You apply with Datung and show us the purchase order during review.
- If approved, the funds help you buy the goods and deliver the order.
- You repay on the schedule set out in your loan documents, which you see in full before you sign.
What we look at
- The confirmed purchase order, and the customer who issued it
- Your track record of delivering similar orders
- Your latest bank statements and how cash moves through the business
- What our credit officer sees at the business visit
What you need to apply
To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements.
Business loan pre-approval is usually within about 1 hour of complete documents, during business hours. This is an aim, not a guarantee.
Questions
What do I need to show for PO financing?
The confirmed purchase order and the customer who issued it, your latest bank statements, and your track record of delivering similar orders. To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements.
Who can apply?
Owners of established businesses in any industry can apply, especially suppliers and distributors who sell to small businesses on terms.
How much does PO financing cost?
The interest rate and all charges are disclosed in full before you sign. Datung never asks for any fee or payment before your loan is released.
Apply onlineDark Knight Lending, Inc. (DBA Datung) is a subsidiary of Datung Pte. Ltd., Singapore. SEC Reg. No. 2024070157507-01, Certificate of Authority No. 3506. Contact: sales@datung.io · Company facts · Business financing by purpose