What is Tender Funding?
South African tender funding companies provide capital to entrepreneurs and enterprises so they may fulfill government procurement orders.
Once a purchase order has been obtained for the tender, funding can be requested. The firm is able to fulfill the order as promised since the tender funder covers the whole amount of the supplier's invoice.
After the customer has paid the business for the items, the business will pay the financing tender based on agreed-upon terms in accordance with the signed contract.
Benefits of Tender Funding
There is no need for credit or bank collateral
Boost the cash flow of your company
Able to keep up contacts with suppliers
Affordable interest rates
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Tender Funding
Do you have a tender that needs funding for more than six months? KENOTE FINANCE can walk that journey with you.
Tender funding works similar to purchase order funding with the difference being that tender funding has a project span of more than 3 months to 3 years. Over the years, our tender funding has assisted many suppliers with meeting their yearly commitments of supplying and executing their tenders.
Our tender funding ranges from R 1 Million to R 8 Million.
Our tender funding covers construction, mining and any related works projects. Whether you need us to pay labour or purchase material for you to manufacture, we will journey with you.
Aren’t you happy that you have a finance institution that understands you?
Apply now and lead
Why Us?
Kenote Finance provides purchase order financing for any type of business, regardless of industry. We have a simple application process and competitive rates. Our application process is quick, easy to use, and hassle-free.
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Easy Access
Easy Access to Credit
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Quick Approvals
Feedback on application within 24 hours
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Low Interest Rates
Our interest rate is based on expenditure
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Customer Support
Our team is dedicated to guiding you through the entire process