Physical address
4 Merchant Place Corner Fredman Drive and Rivonia Road Sandton 2196
Postal address
PO Box 650149 Benmore 2010
Contact numbers
T: +27 11 282 1808 F: +27 11 282 8088
Off balance sheet trade finance facilities through structured self-liquidating deals, meaning that you will be able to undertake much bigger trade-related transactions than what normal banking facilities would usually allow.
Selective Invoice Discounting
This is invoice level financing, where either selected invoices or all invoices for selected preapproved debtors are sold to the bank to release funds and improve cash flow.
How it works
Quick turnaround
Cash is disbursed within a maximum of 48 hours after completion of take-on process.
Short term solution to unlock cash from outstanding invoices
Flexibility to use the facility as and when required
No notice period or monthly admin fee
Funding of up to 80% of the invoice value
Simple fee structure - based on percentage of invoice value
Once invoice is settled, there are no further obligations to the bank, but facility remains in place/open for future use
Benefits to your business
Use early payment discounts and secure lower stock prices without impacting relationship with debtors.
Enables the business to utilise early payment discounts with creditors
Enables the business to secure lower stock prices through bulk buying
Doesn't affect control of, or relationship with the debtor(s)
4 Merchant Place Corner Fredman Drive and Rivonia Road Sandton 2196
PO Box 650149 Benmore 2010
T: +27 11 282 1808 F: +27 11 282 8088