Work Order Finance

Work order finance is a working capital facility offered to businesses that have received a work order or contract from a client, typically a government department or a large corporation.

For example: A construction firm that wins a government tender may use work order finance to purchase materials, hire workers, and start the project—even before receiving payment from the client. The loan is repaid as the business collects payments on the project, enabling them to execute big orders without delays due to lack of upfront funds.

Benefits :

  • Especially helpful for contractors and service providers
  • Often used in government tenders, infrastructure, and engineering sectors
  • Loan disbursal tied to project milestones

Key Features:
Funding

Up to 80 - 90% of work order value

Tenure

Up to 7 years

Interest Rates

Starting from 10% p.a.*

Processing Time

As quick as 24 - 72 hours for pre-approved or PQ customers

Required Documents:
Business Proofs

GST Certificate

KYC Details

PAN Card
Aadhaar Card

Financial Details

Bank Statement
Balance Sheet
P&L Statement

Eligibility Criteria
Minimum turnover

₹3 crores

Years of Operation

3+ years

Entities

Public Limited
Private Limited
Sole Proprietorship
Partnership