Do You Qualify ?
We serve South African businesses exclusively – if you’re an entrepreneur or SME operating anywhere from Johannesburg to Cape Town, Durban to Bloemfontein (and everywhere in between), you’re welcome here. To qualify for our financing, you should generally meet these basic criteria:
Registered Business
You must be a registered entity in South Africa (PTY Ltd, CC, or sole proprietor with valid business registration). We’ll ask for your registration number or business details.
Active Trading History
Ideally, you have been in operation for at least 6–12 months. If you’re a startup with a shorter history, you should have a confirmed purchase order or contract in hand – we do fund startups that have solid deals, especially under Purchase Order Funding.
Revenue Activity
Your business should be generating revenue or have a clear path to revenue (like a contract). While we have no strict minimum turnover for all products (because even a new venture with a single big contract can qualify), our Bridging Finance typically suits companies with an annual turnover above R500,000. For Purchase Order Funding and Invoice Discounting, even smaller or newer firms can apply if the transaction is sound.
South African Clients or Contracts
Our funding revolves around South African transactions – e.g., your customers, contracts, or purchase orders are largely with reputable South African companies or government entities. (If you have an international client, we might still assist on a case-by-case basis, but local is our sweet spot due to jurisdiction and ease of verification.)
Reasonable Credit Standing
We don’t require perfect credit. In fact, we won’t perform traditional credit scoring for many deals, especially if they’re secured by specific transactions. However, if you or your directors have a history of unpaid loans or major judgments, it’s best to be upfront so we can find a way forward. We focus more on the future than the past, but we also must exercise prudent risk management.
If you’re unsure whether you qualify, apply anyway. We assess each application on its own merits and will consider exceptions if the opportunity looks promising. Remember, 80% of our clients were initially unsure if they’d qualify – and they did.