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Purchase order finance
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Cash flow challenge: I’ve secured a customer order but need help funding suppliers to fulfil it.
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Perfect for: Manufacturers, wholesalers, and importers needing to pay suppliers before receiving customer payment
Novuna helps growing businesses secure the funding they need to fulfil large orders. Whether that means paying overseas suppliers, managing upfront production costs, or covering freight and duties.
We compare providers, help you apply, and make sure you get the right deal for your needs.
Our supply chain finance options
Pages in this SectionWhat is purchase order finance?
Purchase order finance helps you accept and fulfil large customer orders even if you don’t have the cash available to fund suppliers upfront.
Instead of turning away a valuable opportunity, this short-term funding solution allows you to pay manufacturers, wholesalers, or freight providers based on the strength of your customer’s order.
It’s commonly used by businesses that trade goods, handle physical inventory, or buy in bulk giving you the power to fulfil contracts and grow without tying up working capital.
What are the differences types of purchase orders?
1. Standard purchase order
This is the most common type of order and is used for a single order where all the information is known and can be included on the purchase order form.
The information included will be the relevant addresses, the item(s) to be purchased, the quantity needed, the price and the date to be delivered.
2. Blanket purchase order
A blanket purchase order form is used when a customer places orders for goods or services from its supplier that will be repeated, be delivered on different dates over a specific period and will require multiple payments. It is often used for goods that are expendable as the customer can’t hold all the stock at the same time and may involve differing amounts and quantities
3. Planned purchase order
A planned purchase order is a commitment from the buyer to purchase goods or services from a single supplier over the long term. The buyer is legally bound to commit to the price and the quantity of the item but may not know in advance what the delivery dates will be.
The information included in a planned purchase order will be information on the goods or services required with quantities, costs and possible delivery dates. Once the specific dates for the items to be delivered are known the buyer will submit a release form to the supplier.
4. Contract purchase order
A contract purchase order is for businesses that have not yet indicated to the supplier what goods and services they will be purchasing but want to create a contract purchase agreement to determine what the specific terms will be. This could include information on payment and delivery and forms the basis for a future commercial relationship.
How it works with Novuna Business Cash Flow
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Tell us about the order you need to fulfil
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We compare providers and recommend a great fit for your situation
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You apply - with full support from a cash flow expert
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Once approved, funds are paid directly to your supplier
Fast decisions. Flexible options. Funding over £2bn to more than 1,000 SMEs every year.
Is purchase order finance right for you?
You’ve secured a large customer order you don’t want to turn away
Provides the funding to fulfil big orders without straining cash flow.
You need to pay suppliers before your customer pays you
Bridges the gap between supplier costs and customer payment.
You want short-term funding based on confirmed orders
Unlocks finance quickly, using the security of verified purchase orders.
If that sounds like your business, we’ll help you compare providers and unlock the right facility.
Novuna can support businesses with a range of supply chain finance challenges
For supply chain and trade related funding:
I want to fund supplier purchases before customer payment
I want extended credit terms to manage stock purchases
I need help paying overseas suppliers and managing duties
I want to release cash tied up in inventory
I want to support my suppliers while extending payment terms
I want funding advice tailored to my sector
How we help
How Novuna helps businesses access funding fast
Tell us what you need
Start with a simple form or call - tell us your business challenge.
We compare your options
We compare multiple providers to get you a great deal.
Choose the right type of funding
Access a range of short-term funding options including loans, advances, and invoice finance.
Apply with expert support
Get help applying - with a real expert on hand throughout.
Get clear, transparent terms
No jargon, no surprises – just honest advice with no hidden fees.
Receive funding fast
Get access to finance quickly so you can focus on your business.
Why take action now
Don’t let cash flow hold back your next big order
Purchase order finance helps you unlock growth without taking on long-term debt
Act early to secure supplier payments and protect your customer relationships
We compare providers and terms so you can fulfil contracts with confidence
Why choose Novuna Business Cash Flow?
Why businesses trust us for purchase order finance
We're highly rated by our existing customers
"The communication and support has been outstanding. Providing me with all the information I needed regarding new clients coming onto our books. The system they use is so user friendly and the drawdown payments are very efficient in the fast moving world of temporary payroll.'
More reviewsWe're a multi-award winning business cash flow specialist
Innovation in the SME Sector 2024
Alternative SME Lender of the Year
SME Lender of the Year 2023
Best Use of Technology 2023
Best Provider 2023
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