Loan Size R3,5million
We created a Co-Funding solution for a woman owned business which had a contract from a global telecoms company based in Europe with offices in South Africa. We had funded some smaller clients in the same sector and had a strong understanding of how the purchase orders in the sector worked. The turn around times for solution implementation, the payment cycles and the risk management of such projects was well understood by our risk management and credit analysis teams.
We co-funded this business and took it to the highest support partnership to their European client. A feat that was quiet involving for us, but was none the less a great experience for us, and a solid funding platform for the entrepreneur. We remain a partner of this client and have supported them through other work over the past few years. Talk to us about funding your bigger purchase orders through our Co-Funding solution