Needing access to finance is part and parcel of running a business. And many companies explore the traditional bank loan route first. However, conventional sources of capital are not easy to get. A bank will typically review your company’s assets, liabilities and credit history, plus take a hard l...

As a small company that has battled to access working capital in the past, you may be wondering whether fintech is the business finance solution you’ve been looking for. What is fintech? In recent years, fintech has become a frequently used term in financial services. It refers to companies that p...

In South Africa, experts predict that SMEs will provide 90% of all new jobs by 2030. As the owner or financial director of a small business, you may be wondering how you will ever get to the point where you’ll be able to hire more staff – staying in business is challenge enough! Starting a [&hel...

Access to capital can be a huge stumbling block for small businesses in South Africa. This does not only apply to start-ups looking for funding to get off the ground. There are many small and medium sized enterprises (otherwise known as SMEs) that have been in business for years, maybe even decades,...

When your company sells products to a customer and allows them to pay later, you are selling on credit. This benefits your customer, who gets to wait a month or more before paying your invoice. Credit sales terms vary, sometimes permitting customers 30, 60, 90 or even 120 days to pay after receiving...

Research shows that the European Union (EU)’s factoring market is expanding at a constant and steady pace. The EU Federation for Factoring and Commercial Finance recently released its half year turnover results for the region’s factoring sector. According to these findings, factoring turnover co...

As 2018 begins, what are your business goals for the year ahead? If you’re planning to expand, explore new opportunities or simply keep your finances healthier than they were last year, here are three top tips. 1. Protect your cash flow No matter what industry you’re in, having ready access to c...

Is sound cash flow management high on your organisation’s agenda for next year? Here are five top tips for keeping your business finances healthy during 2018 and beyond. 1. Revise the credit terms on your sales Your customers are in the same boat as you, looking to keep cash in their businesses fo...

Many businesses experience seasonal peaks and troughs in demand. These types of organisations face multiple challenges. Not only do they need to survive during slow seasons, but they must also find ways to thrive during periods of increased demand by capitalising on revenue opportunities without put...

Factoring is a financial service leveraged by businesses around the globe to maintain healthy cash flows, fund growth cycles and save time in the back office. Under a factoring agreement, a business sells its accounts receivable to a third party, known as a factoring company, to boost its working ca...