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It’s a financing instrument used when a client obtains an acceptable purchase order from a quality buyer but has no capital to fulfil the order.
Qualifying Criteria:
It’s a financing instrument used when a client has outstanding invoice(s) and seeks to give up the right of future economic benefit that arises from such invoices by selling them to financier at a discount.
Qualifying Criteria:
It’s a financing instrument used when the client seeks up-front financing for new stock, and a letter of credit is issued by the financier to the supplier. The supplier delivers the new stock to the client and the financier pays the supplier.
Qualifying Criteria:
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The Prince SME Fund is a Non-Profit Company, that seeks to partner with investors and other development partners to provide working capital finance to MSMEs and SMEs in remote communities in South Africa.