Use PO Finance when you need to pay suppliers before a client pays you (funds the order up front, up to 100%). Use Invoice Discounting when work is delivered but the invoice is unpaid (advances up to 100% of the receivable). Use Vendor Payment Programs when you want to pay suppliers now and settle on 30/60/90-day terms. The right choice depends on where in the order cycle your cash gap sits.
”- The three products solve three different moments: before shipment, after invoicing, and across supplier terms.
- PO Finance funds the buy; Invoice Discounting unlocks the receivable; Vendor Payment stretches your supplier terms.
- None requires diluting equity, and decisions come in around 48 hours.
- Most buyers use a combination across a single project.
Match the product to the moment, not the other way round
The mistake buyers make is asking which product is best. There is no best, there are three tools for three different points in the cash-flow cycle. Ask instead: where is my gap? Before I ship, after I invoice, or in the terms I owe my suppliers? Answer that and the product chooses itself.
| Your situation | Product | What it does |
|---|---|---|
| Won an order, must pay supplier first | PO Finance | Funds the order up to 100%, decision in 48h |
| Delivered, waiting on client payment | Invoice Discounting | Advances up to 100% of the invoice in days |
| Want to pay suppliers now, settle later | Vendor Payment | Pay now, settle on 30/60/90-day terms |
Before you ship: PO Finance
PO Finance funds the accepted purchase order up to 100% of order value, with a 48-hour decision. Use it the moment you have won an order and need to pay suppliers before the client pays you. It funds the BOM directly, and you repay from sale proceeds on your cycle.
This is the workhorse product for the classic EPC squeeze, cash committed to suppliers long before the client milestone lands.
After you invoice: Invoice Discounting
Invoice Discounting advances up to 100% of an unpaid invoice, turning a 60-90 day receivable into cash in days, with no collateral beyond the receivable itself. Use it when the work is done and delivered but the client has not paid.
The distinction from PO Finance is simple: PO Finance funds the buy before it happens, invoice discounting unlocks cash you have already earned but not yet collected.
Across your supplier base: Vendor Payment Programs
Vendor Payment Programs pay your suppliers immediately while you settle on 30/60/90-day terms. Use it to protect priority status with key suppliers and strengthen pricing over time, without straining your own cash.
For import orders, any of the three pairs naturally with Trade Finance & LC, which locks the INR rate at issuance so a currency swing does not erode the deal between order and delivery.
Using them together
On a real project the three are not mutually exclusive. A typical sequence: PO Finance to fund the order and pay overseas suppliers, then Invoice Discounting on the client receivable once you have delivered, with a Vendor Payment Program running in the background to hold priority with your most important suppliers. Each closes a different part of the gap.
Run your next order through the financing options to see which combination fits, or create an account to start.
Get all three products on one rail
On VyaparCred the three products sit on one rail, so you can match each to its moment on a single project, PO Finance to buy, Invoice Discounting to unlock the receivable, Vendor Payment to hold supplier priority.
Decisions in around 48 hours, structured against the transaction, not your balance sheet.
Combine products across one project without separate applications or lenders.
Pair any of them with Trade Finance & LC to lock the INR rate on imports.