PO-2026-008

Gulf Supplies Ltd. • BUYER Industries

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Part of Sales Order / Contract

SO-2026-002 - Annual Materials Contract

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Purchase Order Details
Submitted

PO Number

PO-2026-008

PO Date

2026-03-20

PO Amount

SAR 67,000

Financing Term

60 Days

Seller

Gulf Supplies Ltd.

Buyer

BUYER Industries

Financing CalculationPreview
PO AmountSAR 67,000
Funding Rate85%
Advance AmountSAR 56,950
Fee (1.5%)- SAR 1,005
Net Disbursement to SellerSAR 55,945
Reserve Held (15%)SAR 10,050
Note: Reserve is released to seller after buyer pays the invoice. If invoice amount differs from PO, adjustments are applied at settlement.
Timeline

PO Created

2026-03-20

Submitted for Financing

2026-03-21

Approved

Disbursed

Invoice Linked

Settled

Financing Terms
Funding %85%
Reserve %15%
Fee %1.5%
Net Funding %83.5%