Tender finance also known as purchase order funding “PO funding” is a form of funding used to enable small businesses to fulfil an order(s) that has been successfully awarded to them by government or large corporates. The process of tendering gives opportunities to businesses to bid for projects or services to supply certain goods and services at a quoted price
For one reason or the other loans are sometimes needed by business owners for financing their business operations or expansions. However, there are so many things to consider before deciding which loan is right for you.
It doesn't take an MBA in Finance to know that loans are sometimes needed by businesses to maintain their business operations. An efficient loan from a credible funding agent can stimulate immediate growth in a business, as long as it's used wisely.
At the latest IAAE (I Am An Entrepreneur) event hosted in Johannesburg, successful South African entrepreneurs shared their lessons and advice with aspiring business owners. The hottest topic was access to funding and how best to go about it.