Purchase Finance
Flexible & Easy Financing for your Business Purchase Needs. Empower Your Business with Our Quick & Flexible Working Capital Solutions.
RBI Registered NBFC-FACTOR
MSME / SME Oriented
Tech Driven
Customised Programs
Get Started
What is
Purchase Finance
from 121 Finance?
At 121 Finance, we understand the challenges that MSMEs face when managing working capital. Our Purchase Finance Solutions are designed to provide businesses, with a Buyer Credit, for all their purchase needs or secure large orders.
Top Features of Purchase Finance
Small Ticket Size
Empowering small businesses with funding for smaller purchase amounts
Credit Limit
up to twice* your PO value
Digital Process
Experience a fully digital, simplified process to quickly access funds
RBI Registered NBFC-Factor
Ensuring transparency, compliance, and trust in every transaction
Quick Approvals
Get the financing you need without any delay & seize new opportunities
Self-Disbursement
DIY process, allowing you to control disbursements like Bank CC without manual intervention
Value Added Benefits
Leverage Early Payment Discounts offered by sellers
Access to
Non-Credit Suppliers
Finance Both
Purchase Orders and Invoices
Benefits of Purchase Order Financing to Buyers
Instant Payment to Sellers
Collateral Free Finance
Better Supplier Relationship
Improved Working Capital
Revolving Credit
Grow Revenue & Profitability
How it Works?
Step-by-Step Process to get Financed Quickly!
How it Works?
Step by Step Process to apply for Financing – Complete digital process
Step 1
Check for Eligibility
Step 2
Credit Limit assigned
Step 3
Seller Approval
Step 4
Invoice upload
Step 5
Payment
What we need?
GSTR details
for the current fiscal year
Financial Statements
for the last 2 fiscal years
Bank Statements
for the immediate past one year
KYC Documents
for business & its owners
Additional Documentation
as required for approval*
FAQ
Purchase Finance, also known as Payable Finance or Accounts Payable Finance helps small businesses & MSMEs to fulfill large orders by providing the necessary funds to pay suppliers for raw materials, inventory, or other required goods. It allows them to grow without being constrained by working capital shortages.
Purchase Finance is specifically tied to funding the purchase of goods required to fulfill an order, making it short-term and transaction specific. It directly helps businesses cover supplier payments. Getting Purchase Finance is faster and more flexible than a traditional business loan. A business loan is a broader financial product, not necessarily tied to a specific transaction or order, and is usually long-term with fixed monthly EMI repayment terms.
Eligibility for Purchase Finance depends on your business’s financial health and operational history. Typically, businesses with a minimum annual turnover of over ₹5 crore and a business vantage of at least 3 years are eligible. However, the final assigned limit considers other factors as well.
The maximum limit depends on various factors, including your specific financing requirement, your business’s eligibility, and our credit assessment process. If your business meets our basic guidelines and our team is comfortable with the credit evaluation, we offer a competitive working capital limit suited to your needs.