I want something else

We offer access to dozens of Finance Products, here are a few examples

Unsecured Loan	Property Backed Loan	Cash Flow Facility (Revolving Amount)
Rental finance	Contract Finance	Debtor Financing
Creditor Financing	Property Backed Financing	Management Buy-Out
Bridging Finance	Import Finance	Trade Finance
Freight Finance	Invoice Discounting	Overdraft
Loan (fixed repayment)	Loan (revolving facility)	Purchase Order Finance
Supply Chain Finance	Letter of Credit Finance

If you know what you want, CLICK HERE TO APPLY
If you are uncertain of what Finance Products are best for you, CLICK HERE TO APPLY and there will be space for you to tell us what your challenges are, and we will do the hard work for you.

Customer Financing, Invoice Financing and Factoring

You sell on credit terms between 30 and 60 days from invoice, from month end, or similar credit terms.

This means you have good paying customers that will only be paying you in 30 days times, 60 days time or even up to 90 days past invoice date.

You can covert these good paying customers into ‘cash customers’ by having a Funder pay you 75% of the current debtors book & then new invoices once you have delivered the goods or completed the service, and your customer has signed the Proof of Delivery, service note, or similar document.

The balance of 25% is paid to you once the customers settles the invoices.

Two types of Customer Financing:
Choice 1:

You are paid the 75% and you continue to do all collections of the Debtors Book. The Funder has no control on how well the Debtors Book is being collected and no sight of how well the Debtors Book is ‘ageing’.

Due to the limited access to the Debtors Book, the perceived risk a Funder has is higher, and therefore the financing costs are higher too.

Typical costing is around 3.5% to 6% a month, depending on how strong your customer base is.

Choice 2

You are paid the 75% and the Funder provides a service to collect the monthly Debtors Book. The Funder has increased control on how well the Debtors Book is being collected and has sight of how well the Debtors Book is ‘ageing’.

Due to the increased access to the Debtors Book, the perceived risk a Funder has is lower, and therefore the financing costs are lower too.

Typical costing is around 3% to 3.5% a month, depending on how strong your customer base is.

Property Refinancing:

This allows you to release equity / money tied up in a property. This saves you tens of thousands in estate agency fees and saves you loss of future value growth in the property.

The Lender will settle any outstanding bond and give you between 50% and 80% of the valuation value once they have registered their security bond, as either a fixed business loan or a revolving business loan.

A fixed loan is normally repayable between 3 years and 7 years. A revolving loan means you only repay the interest on what you used that month.

Examples: Property Valuation of R2m, and a R300k outstanding loan.

R2m x 80% = total loan of R1,6m.

R300k paid to bank to settle loan, and R1.3m paid to you.

Revolving Loan
Full usage of the R1.6m for a month = R24,000 per month

*Remember, you only pay for what you use every month.

Fixed Loan
5 year loan could typically work out to be cR38.900 a month

CLICK HERE TO APPLY

Business Loan : R100,000 to R5m

Fixed Term Loan

A fixed rate loan is a form of credit issued by a Lender that provides a fixed repayment amount over an agreed period i.e. R10,000 per month for 12 months to repay a loan. Borrowers can predict their future payments with accuracy since the payments are fixed.

Or

Revolving Loan:

A revolving loan is a form of credit issued by a Lender that provides you with the ability to draw down or withdraw, repay, and withdraw again. You only pay for what you have used that month. A revolving loan is considered a flexible tool due to its repayment and re-borrowing accommodations.

Revolving Loans have a slightly higher interest rate due to its increased flexibility.

From R100k to R5m loan amount
Repayment between 1 month and 12 months
Answer within 3 days

CLICK HERE TO SEE WHAT YOU QUALIFY FOR

Business Finance Always

We link Businesses, like yours, who aren’t able to get the right finance from the Traditional Banks (for whatever reason), to our Finance Partners

We exist to bring financial strength to the business community

We are a business intermediary, that is to say… we bridge the gap between Businesses in South Africa who aren’t able to get the right finance from the Traditional Banks (for whatever reason), and our funding partners.

What Our Funders Offer

Funders in South Africa have really come to the party over the last few years. They have mixed and matched the best of different traditional products and each Funder creates products in a unique way. The Problem is, there are dozens and dozens of Funders… and they all do things ‘their way’.

How do I know which Funder is right for me. That’s where Beyond Banks adds value to me…. The relationships with Funders allows Beyond Banks insight into How Funders do things and What they are looking for, and Which types of businesses they accept.

How it Works

Apply

Apply in a few minutes, with no obligation

Assessment

A business assessment is done

Details

At no charge we exchange details around your application to our funding partners

Approval

You are sent the terms of Approval from the Funders

Funding

We put you directly in touch with the Funder to conclude the finance deal

Get Started With Your Application Today

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