Work Order & PO Funding โ€” How It Works

Work Order / Purchase Order (PO) Funding allows contractors, sub-contractors, and traders to get financing based on a confirmed order from a reputed government body or corporate buyer โ€” even without owning property.

This type of financing is ideal for businesses that win large contracts but need capital to purchase raw materials, pay labour, or mobilise equipment before receiving payment from the client.

Eligible Order Types

  • Government work orders (PWD, MSRDC, NHAI, Municipal Corporations)
  • PSU purchase orders (ONGC, BPCL, HAL, ISRO)
  • Corporate POs from listed/reputed companies
  • Repeat orders from long-standing clients
  • Defense and institutional procurement orders
  • Infrastructure and construction contracts

๐Ÿ“Š ROI / Interest Rate Range

12% โ€“ 18%PO Finance Rate (annualised)
Up to 80%Of PO Value Funded
Up to โ‚น5 CrMaximum per PO
7 โ€“ 10 DaysTypical Disbursal

โฑ Maximum Turnaround Time

7 โ€“ 12 Working DaysFor established businesses with strong PO credentials

Documents Required

The following documents are typically required. Our team will prepare a personalised checklist for your specific case.

Original Work Order / Purchase Order copy
KYC of firm and proprietor / directors
Business Registration / Udyam Certificate
GST Registration Certificate
Last 3 Years ITR with Balance Sheet
Last 12 Months Bank Statements
Track record of previous similar orders executed
Previous completion / payment certificates
Existing loan details (if any)
Bank account details for fund disbursement

Eligibility Criteria

  • Business with a confirmed, valid work order or PO in hand
  • Order from a government body, PSU, or reputable corporate
  • Business vintage of minimum 2 years
  • Track record of executing similar orders previously
  • Clean credit history (no NPA / write-off)
  • GST-compliant and regular ITR filer

Why Choose Indi Fin Serv?

  • We understand government contract workflows and payment cycles
  • Quick processing โ€” funds often within 7 working days
  • No property collateral required in most cases
  • We negotiate funding against the PO value, not just asset value
  • Support for multiple POs simultaneously
  • Ongoing relationship ensures faster processing for future orders