As an SME in Kenya, you may have experienced the frustration of waiting for payment on your LPOs (Local Purchase Orders). You have the orders, but you don’t have the cash flow to fulfill them. This is where LPO financing can help.
LPO financing is a type of short-term financing that allows SMEs to access the funds they need to fulfill their LPOs. The lender provides the funds to the SME, who then uses them to purchase the materials or goods required to fulfill the LPO. Once the LPO is fulfilled and payment is received, the SME repays the lender.
At Adjacent Possible Finance, we offer LPO financing to SMEs in Kenya. We understand the importance of cash flow for small businesses and we’re here to help you meet your financial needs. Our LPO financing solutions are flexible and can be tailored to your specific needs, with competitive interest rates and repayment terms that work for you.
LPO financing can be particularly useful for SMEs that have a high volume of LPOs but struggle with cash flow. With LPO financing, you can take on more orders and grow your business without worrying about how you’ll pay for them.
In addition to providing LPO financing, we also offer other financial solutions to SMEs, including invoice financing and business loans. We believe that access to finance should not be a barrier to growth for SMEs in Kenya and we’re committed to supporting your business.
If you’re interested in learning more about LPO financing or our other financial solutions for SMEs, please contact us today. We’re here to help you take your business to the next level.