Sourcefin is a purchase order funding company. As a finance specialist, they provide an extensive collection of services to the SMME market that enables them to deliver on purchase orders. This includes purchase order, or PO, funding, sourcing goods from a network of suppliers, managing logistics, and offering expert guidance to its clientele. Furthermore, it provides invoice discounting services to help manage cash flow efficiently.
They specialise in purchase order funding and invoice discounting. Invoice discounting is a form of funding that allows SMMEs to gain access to cash tied up in invoices they’ve submitted. However, this review focuses on Sourcefin’s strengths as a purchase order funder.
Sourcefin ensures its customers work with the experts in full-service purchase order funding, tender funding and sourcing assistance to provide a full-service solution that supports the applicant from start to finish. Additionally, it aims to enable SMMEs to deliver on their promise by supporting improved service delivery in communities across South Africa.
PO funding solutions from Sourcefin also include tender funding that ensures that businesses obtain the necessary financial resources to secure government and corporate tenders.