Order Finance

Order finance is a form of short-term borrowing often used to improve a company’s working capital and cash flow when they have orders to execute. It allows a business (SME) to draw money against a confirmed purchase order from its customer (OFF-TAKER). To do this, the business borrows a percentage of the value of the purchase order from Better Way Solutions Ltd. The amount borrowed is usually sufficient to enable the client to acquire goods and services and satisfy the order.

Order Financing - Requirements

• Articles of association
• Order/Invoice
• Certificate of registration
• Shareholders ID
• Shareholders passport-size photos
• Post-dated cheques
• Application letter and board resolution
• 3 months bank statement
• Tax clearance certificate
• Better Way Offer Letter
• Confirmation of pay point
• Escrow account
• Title deeds or white book with assets valued above the facility amount