Who we fund
Financing for construction materials suppliers
Small contractors buy cement, steel and lumber on terms, often against a project or a post-dated check. Fund the big orders and turn their PDCs into cash.
We're built for established businesses (typically ₱6M+ in annual sales), with financing from ₱30,000 to ₱10,000,000.
- Just 3 things to apply
- Final answer usually within 24 hours
- No fees before release
How can a construction supplier turn contractors' checks into cash?
Datung rediscounts the post-dated checks small contractors pay with, and funds the large orders that come with a new project.
- Lender
- Dark Knight Lending, Inc. (DBA Datung)
- SEC registration
- SEC Reg. No. 2024070157507-01 · Certificate of Authority No. 3506
- Parent company
- Datung Pte. Ltd., Singapore
- Financing
- PO financing, invoice factoring, check rediscounting, revolving credit lines, collateral-based financing and business loans
- Amounts and terms
- ₱30,000 to ₱10,000,000, for 3 to 12 months
- To apply
- The online form, 1 valid ID and your last 3 months of bank statements
- Timing (our aim, not a guarantee)
- Pre-approval usually within about 1 hour; final answer usually within 24 hours. Business hours only.
- Fees before release
- None. Datung never asks for a fee before your loan is released.
- Contact
- sales@datung.io
Times count business hours only: Monday to Friday, 9 AM to 4 PM. If you apply after hours, we pick it up at 9 AM on the next business day. These are our aims, not guarantees.
Where your cash gets stuck
What ties up cash for construction materials suppliers
- Small contractors buy cement, steel and lumber on terms, often against a project.
- Payment usually comes as post-dated checks that clear weeks or months later.
- A new project can mean one order bigger than your usual month.
- Check rediscounting turns PDCs into cash now; PO financing funds the big order.
Financing that can fit
An example
How a deal like this can work
An illustration of how the financing fits this trade. It is not a real client, and it is not an offer.
Illustrative example, not a real client
Construction materials supplier
₱800,000 · Check rediscounting · 4 months
Small contractors paid for cement and steel with post-dated checks. The supplier turns those checks into cash now to restock, and repays over 4 months as the checks clear.
Amounts and terms are for illustration. Yours depend on your application and our review.
Ready when you are
Apply online in 2 short steps of about 5 minutes each
the application form, typed online in 2 short steps of about 5 minutes each, with nothing to print, then 1 valid ID and your last 3 months of bank statements. If you're an established business selling on terms, apply even if your trade isn't listed.
Keep reading
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