Category Archives: News

Invoice Discounting

The traditional invoice discounting, invoice factoring or debtors discounting model is fast being surpassed by the Unsecured Business Loan model.

The Unsecured Business Loan (UBL) can be arranged in 3 days, if a business has sales of R 1 million per annum, has been trading for more then 12 months, is a registered legal entity and has a clear credit record, whereas invoice discounting requires lots of documents, lots of time to analyse and complicated contracts.

Cash Flow loans base their assessment of the viability of lending, on the month cash that passes through an enterprises bank account. Based on this the lenders are able to forecast what the business is able to borrow for a term of 6 months.

Unsecured Business Loans leave the control of the business with the entrepreneur by advancing the cash to the entrepreneur, whereas with invoice discounting, the lending company essentially controls the clients debtors and cash flow.

Purchase Order Bridging

Many companies reach a stage where they have secured big orders but they are not able to fund the purchase of the stock. New Way To Fund Trading At last business owners now have access to self employed loans. In the past it was very difficult for the self employed person to secure funding from… Continue Reading

SHARIAH COMPLIANT LOANS

Shariah Compliant business advances without security, are now possible from private lenders. Cash advances from R80 000 to almost any amount are available within a few days (terms and conditions apply). Repayment of the advance is based on a percentage of turnover. The repayment term is between 4 months and 11 months. Continue Reading

Simple and Quick Unsecured Business Loans

Whatever type of business you have, applying for an Unsecured Business Loan is a simple process. Restaurants: Restaurant business loans are now a reality. Loans up to R 1,5 million are available to restaurants that need to purchase equipment, pay off debt, refurbish or for any other aspect of the business. Petrol Stations: Petrol Station… Continue Reading