Merchant Commercial Finance (Pty) Ltd

Merchant Commercial Finance (Pty) Ltd

Merchant Commercial Finance (Pty) Ltd | About Us

Merchant Factors was founded in 1988. Our vision is to offer growing businesses an alternative to traditional bank loans and overdrafts. Today we are leaders in factoring and trade finance. We pride ourselves on innovation and flexibility. We offer local and international trade finance and are able to tailor our facilities to suit most emerging small to medium size businesses. Our clients' turnovers range from R100,000 per month to R15,000,000 per month. Our independence allows us the fastest turnaround time in the industry from application to pay-out.

Contact Information
Gauteng - Office
Penthouse 6, 3rd Floor Thebe House
166 Jan Smuts Ave
Rosebank

Tel: (011) 447 2513
Fax: (011) 880 0167
large__33310092896.jpg

Merchant Commercial Finance (Pty) Ltd | Using Merchant Factors debtor finance to ease your cash flow

Factoring as an alternative means of improving cash flow is becoming more popular, in fact each year it is estimated that over R25bn of turnover is factored by South African businesses. Factoring is a form of specialist finance aimed at supporting those that operate in the business to business environment. Funding is secured off the strength of the debtor's book. It's really a means of unlocking the cash that would ordinarily be tied up for 60 to 90 days as accounts receivable. In simple terms the debtor's book is basically sold to a financial institution, who advance funding to the business and then administer and collect the outstanding amounts directly from the debtors as they become due. The benefits of factoring vary depending where the entity is in its business cycle. An organisation that is experiencing high growth may find themselves constantly walking a financial tightrope between meeting customers' needs and ordering greater volumes of stock from suppliers.

Fill in your Enquiry

*

*

*

*

*

*

Merchant Commercial Finance (Pty) Ltd

Contact: Charles Ferguson
Penthouse 6, 3rd Floor Thebe House
166 Jan Smuts Ave
Rosebank

Tel: (011) 447 2513
Fax: (011) 880 0167
Email: mfact2@mweb.co.za
Web: www.mfactors.co.za/

Gauteng Business News
Business Profile Partner
http://www.gbn.co.za
© 2017 All Right Reserved.