Question 1

How long does it take to get PO funding?

Accepted Answer

Delivery time depends on the complexity of the project. Typically, it takes within 4-5 days if all documentation is in order and supplier coordination is smooth. Initial funding decisions are made within 24 hours.

Question 2

Can I apply as a new company with a purchase order?

Accepted Answer

Yes, you are welcome! We accept applications from new CIPC registered companies with valid purchase orders. Our team will assess your application based on the PO validity and other criteria.

Question 3

What companies do you fund POs from?

Accepted Answer

We fund government and private entities such as Eskom, SAPS, Department of Rural Development, Department of Education, Transnet, Anglo American, Sibanye, and similar established organizations.

Question 4

Does Precfin conduct background and credit checks?

Accepted Answer

Yes, we conduct thorough background checks and credit verification as part of our due diligence process. This helps us ensure the reliability and credibility of all applications.

Question 5

What documents do I need to apply for PO funding?

Accepted Answer

You need: CIPC registration documents, ID copy of director(s), proof of address, a copy of the valid purchase order, supplier goods quote, and RFQ. Ensure all documents are current and valid.

Question 6

What is the funding range available?

Accepted Answer

Precision Finance offers funding from R75,000 to R5,000,000 (R5 Million) for qualifying purchase orders and invoices.

Question 7

Do you offer property bridging for estate agents?

Accepted Answer

Yes, we offer property bridging finance for estate agents and property sellers. Access up to 75% of your expected proceeds while waiting for transfer to complete.

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What We Fund

PO Funding

Tender Funding

Property Bridging

How It Works

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Why Precfin?

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Required Documents

Frequently Asked Questions