Confirmed orders
PO financing in the Philippines for suppliers and distributors
A big order is good news, until you have to buy the stock before your customer pays. Purchase order (PO) financing from Datung funds the goods for a confirmed customer order, so you can say yes to the big one.
- One application for all 6 kinds of financing
- Just 3 things to apply
- Pre-approval usually within about 1 hour
- Final answer usually within 12 hours
Times are during business hours. Applications that come in at night start at 8 AM. Our aim, not a guarantee.
Purchase order (PO) financing
What is PO financing?
Purchase order financing, or PO financing, is working capital tied to a specific, confirmed order from your customer. Instead of turning down an order that is bigger than your cash on hand, you use the financing to buy the goods from your own supplier and fulfil the order.
It suits businesses that win orders faster than their cash can keep up: distributors landing a new chain account, dealers taking a fleet order, importers paying a supplier abroad before their buyer pays them.
How PO financing works, in practice
- 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.
Purchase order (PO) financing at a glance
- What it does
- Funds to buy the goods for a confirmed customer order, so you can say yes to the big one.
- Best for
- Distributors, dealers and importers with orders bigger than their cash on hand.
- To apply
- The same 3 things as every kind of financing: the online form, 1 valid ID and your last 3 months of bank statements.
Who it's for
Who PO financing is for
Datung funds the established suppliers and distributors one level up the supply chain: the businesses that keep sari-sari stores, carinderias, talyers and contractors stocked on terms.
- Distributors, dealers and importers with orders bigger than their cash on hand
- Suppliers who sell to retailers, institutions or other businesses on confirmed orders
- Businesses that must pay their own supplier before their customer pays them
- Built for established businesses (typically ₱6M+ in annual sales), in any industry.
How to apply
How to apply for PO financing
One application covers all 6 kinds of financing. You don't need to get the product exactly right: tell us what the money is for, and we'll match you to the best fit.
Step 1: Apply once, online
About 10 minutes
Fill in the form with 1 valid ID and your last 3 months of bank statements. Under “What kind of financing do you need?”, pick PO financing, and tell us what the money is for. No account, nothing to print.Step 2: Review and pre-approval
Usually within about 1 hour
A credit officer reviews your application. We aim to give you a pre-approval within about 1 hour, and we may ask to see the purchase order.Step 3: Business visit
Within about 2 hours of pre-approval
A credit officer comes to see your business for themselves. We'd rather see it than judge it from paper.Step 4: Your final answer
Usually within 12 hours
We aim to give you a final answer within 12 hours. If it's a yes, the interest rate and all charges are disclosed in full before you sign. If it's a no, we tell you right away.
Times are during business hours. Applications that come in at night start at 8 AM. These are our aims, not guarantees.
Ready to apply for PO financing?
Apply in about 10 minutes with 1 valid ID and your last 3 months of bank statements.
What we look at
What we look at for PO financing
Every application is reviewed by a credit officer, who looks at the whole business, not just a checklist. What we can offer depends on that review, and we never promise approval.
- 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 you sell, who you buy from, and how long the order takes to fulfil
- What our credit officer sees at the business visit
FAQ
PO financing questions
Straight answers about PO financing and applying with Datung.
Do I need a confirmed purchase order to apply?
Can I use PO financing for an import order?
What is the difference between PO financing and invoice factoring?
What documents do I need?
Will I be approved?
What interest rate will I pay?
Ways we can fund you
Other ways to fund your business.
You don't need to pick the right product first. Apply once with the same 3 things, tell us what the money is for, and we'll match you to the best fit.
- Unpaid invoices
Invoice factoring
Get cash for invoices you've already issued, instead of waiting for your customers to pay.
Best for: Suppliers whose customers pay in 30, 60 or 90 days.
Learn more about invoice factoring - Post-dated checks
Check rediscounting
Turn your customers' post-dated checks into cash now, instead of waiting for them to clear.
Best for: Wholesalers and distributors holding their customers' PDCs.
Learn more about check rediscounting - Draw, repay, repeat
Revolving credit lines
An approved limit you can draw from, repay and draw again whenever the business needs it.
Best for: Suppliers who restock every month to keep their customers supplied.
Learn more about revolving credit lines - For a higher line
Collateral-based financing
Pledge an asset you own as collateral, which can support a higher credit line.
Best for: Owners ready for a bigger move who have assets to put up.
Learn more about collateral-based financing - Working capital
Business loans
A lump sum for inventory, equipment, payroll or your peak season, repaid over 3 to 12 months.
Best for: Any established business that needs cash to keep moving.
Learn more about business loans
All 6 start from the same single application.
For some, we may ask to see the checks, purchase order, invoices or collateral papers during review. What we can offer depends on our review of your business.