Financing for solar material orders
Discuss financing and payment arrangements alongside your product enquiry. Torix works with finance partners and banks to assess options for the proposed order.
Procurement finance
Funding connected to the purchase of materials. Share the proposed order value, supplier payment schedule and timing of your purchase so the requirement can be assessed.
Extended payment terms
Payment on an agreed schedule. Tell us the payment period you need and the proposed order value. Available terms are assessed for the buyer and transaction.
Letters of credit
A bank-arranged payment instrument based on agreed documents. If your order requires a letter of credit, include the proposed bank, payment structure and document requirements in the discussion.
How the process works
Step 1: Share the order
Send the product, approximate order value, buyer's company and country, destination and payment terms you need.
Step 2: Discuss the requirements
Torix identifies the relevant arrangement and the information needed for assessment.
Step 3: Review the proposed terms
The finance partner or bank assesses the application. Review the proposed cost, currency, repayment schedule, documents and conditions before proceeding.
Step 4: Confirm the arrangement
Agreed financing and payment terms are incorporated into the order process.
Availability and terms depend on the buyer, order, market and provider's assessment. Approval is made by the relevant finance partner or bank.
Information to begin
- Company name and country.
- Turnover for the last financial year and projected revenue for the current financial year.
- Product and estimated order value.
- Destination and expected purchase date.
- Payment schedule required.
- Existing quotation or order reference, if available.
Common questions
Can I ask about financing before I have a quotation?
Yes. Share the proposed purchase and approximate order value with your sourcing enquiry.
Who approves the arrangement?
The relevant finance partner or bank makes the assessment and approval decision.
Where will I see the costs and terms?
The proposed arrangement should set out the charges, payment schedule and conditions for review before you proceed.
Do I need to send financial statements with the first enquiry?
Begin with the order information above. If further documents are needed, we will explain what is required and how to provide them.