Purchase Order Funding Our Funder specifically targets funding of Purchase Orders for small businesses that can not get funding from traditional banks. They manage their risk by focusing upon the transaction, not the small company.
The PO must be from a financially sound company or government department.
The goods must be purchased from a supplier that has stock (not a broker).
Usually they only fund goods, not services, so that there is not an 'execution risk'.
Typically the Funding amounts are between R 250,000 and R 5 million.
Asset Funding
Any asset with a Serial Number.
Client must have 3 years of sound Audited Financial Statements.
Assets must be owned in South Africa, but can be used cross-border.
Covid Funding During 2020, we helped small businesses identify what claims they can make to help them survive the crisis. Most companies did not realise that there were over 40 Claims available to small businesses. Each Claim had different criteria, so not all were applicable to each company. We helped companies find over R 15 million in simple claims, and over R 52 million in claims that were more difficult. see also Covid 19 Helping SMME's