We give you negotiating power to get a good deal with your suppliers. We fund your supplies so you grow – without using up your working capital.
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!
Growing your business requires cash. We get that.
When you get an order, we pay your supplier.
Big buyers TRUST you'll deliver.
Your suppliers TRUST they'll get paid.
You increase your NEGOTIATING POWER with your suppliers.
You conserve your WORKING CAPITAL and get your supplies and grow.
What we do
GrowKap helps your growing company do business because we:
Give you added credibility so big buyers trust you can deliver and your suppliers trust they'll get paid quickly.
Enable you to get supplies when you get a big order from a big buyer.
Fill your working capital gap by financing your upcoming supplier purchase orders.
Enhance your strength when negotiating with your suppliers (e.g. to get a discount).
What we don’t do
And some activities we simply don’t do:
Deal with your pre-existing invoices or accounts receivable (AR) in any way.
Buy your past invoices / AR – we aren’t a factoring company.
Chase late payments that you're already waiting for.
Loan your company money directly.
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 pays GrowKap. That same day, we deduct our cost and fee and send you your margin.
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 pays GrowKap. That same day, we deduct our cost and fee and send you your margin.