• FUNDING

    Support your suppliers and your wider community
    by introducing a simple, secure, efficient funding solution.

e-Funding: Generate Value

ELCOM’s unique e-Funding platform is raising the bar in supplier funding solutions. Our innovative solution combines technology and capital, enabling large buying organisations to help support local suppliers while generating value for the wider community.

ELCOM’s e-Funding service provides suppliers with the tools they need to access funding at the earliest opportunity in the order-to-pay cycle. The process is simple, and our Best-In-Class technology means that, once set-up, the e-Funding programme operates with minimal input from either the Programme Partner or the supplier.

A Simple Process: Seamless Execution

I'm a buyer:

  • 1

    Join the e-Funding Programme

  • 2

    ELCOM manages full implementation

  • 3

    Suppliers benefit from Purchase Order and Invoice Finance

I'm a supplier:

  • 1 Register with the ELCOM
    e-Funding service
  • 2 Receive an offer of financing
  • 3 Start receiving funding
ELCOM e-Funding is a revolutionary solution allowing suppliers to access cost effective working capital while generating value for the wider community.

Your Benefits: Visible Commitment

The benefits for Programme Partners:

  • A commitment to local suppliers who can access very competitive working capital
  • Funding is sourced by ELCOM so no requirement to use own funds in the programme
  • Minimal resourcing requirement – ELCOM manages set-up, supplier engagement and on-going programme management
  • No change to existing procurement or AP processes
  • Visible commitment to support local business
  • Opportunity to reinvest in the community

The benefits for Suppliers:

  • Funding throughout the order-to-pay cycle
  • Highly competitive interest rates reducing working capital costs
  • Structured reporting allowing simple receivables reconciliation
  • Early access to working capital when funding is most needed

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