Purchase Order Financing

Definition

We offer you renewable ceilings for short-term financing, which is specific to financing the purchase of goods that belong to the activities of companies and SMEs, mentioning that such financing is renewable, as the paid ceilings can be re-exploited.

Conditions

• Subject to the terms and conditions of the bank.
• The guarantees are subject to the bank's evaluation and credit decision, including personal and legal guarantees, real estate mortgages, and vehicle mortgages.

Advantages

• The repayment period is a ceiling that is renewed every year on the due date, noting that the repayment period for each disbursement within the ceiling depends on the financial cycle of the activity.

Required Documents

• Bank statement for the last year.
• Financial statements for the last two years at least.
• A recent and valid professions and trades license.
• A recent and valid registration certificate.
• Other documents required by company type.

* Subject to the Bank’s terms and conditions.