Financial Services - Merchant Factors - Western Cape, Gauteng, Kwazulu Natal - South Africa
Your Business Is Unique
Traditional and conventional methods of finance, such as bank overdrafts, often prove inadequate or insufficiently flexible to keep up with the growing needs of the business. Growing companies often have high borrowing requirements but limited assets, and their balance sheets do not always enable them to qualify for large overdrafts. In these cases, the ability to obtain finance does not match their opportunities in the market place.
To achieve their true potential, businesses need to respond quickly to changes in the market place, safe in the knowledge that the funds needed to match their objectives will be available. To achieve this, what is often required is an alternative to conventional finance - i.e. free up the cash that is locked up in their trade debtors!
4th Floor, Merchant Place
55 Loop Street
Tel: 021 466 5244
Fax: 021 424 3784
About Merchant Factors
At Merchant Factors, we appreciate that no two businesses are identical. Our experience has, however, taught us that there are certain cashflow and other constraints common to nearly all growing businesses.
All too often we have seen companies with first class products, sound management and excellent potential, suffer unnecessarily because of restrictive financing. The frustrating aspect is that capital exists, but is often locked away in the form of unpaid invoices. As a result many companies find themselves so committed to processing orders and chasing debts, that their administration becomes stretched and record keeping falls behind.
We are a South African based factoring and trade finance specialist institution founded in 1988 and entrenched as a major player in the country's debtor financing industry. A founder member of the Banking Association Debtor Finance Committee.