A new order comes in
Your customer places an order.
Growing your business requires cash. We get that.
When you get an order, we pay your supplier.
Financing tools like factoring give you an advance on part of your receivables after your invoice. But how do you have cash to pay your suppliers first? That is what GrowKap brings: we finance 100% of your order to suppliers so fulfilling clients requests is never a nightmare. Using factoring is like riding a rusty bike while chasing money. But, with GrowKap, you are on board a fast plane, with only money coming in and never going out. By paying your supplier, we empower you to make those big important deals, and make cash with your own clients!
Your customer places an order.
Your customer won’t pay before getting the goods and you don’t have enough cash to pay your supplier.
You choose: get financing to pay your supplier or refuse the order.
We just need your customer order and your supplier order. Then the magic happens.
That’s the magic! Now you can deliver to your customer. This is called ‘purchase order financing’.
You deliver your goods to your customer, who then pays GrowKap. The same day we receive payment we send you your margin. We just deduct what we paid your supplier and our fee. How does this work? Simple: you put our bank account on your invoice to your customer and we take care of the rest.
