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


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.


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.


Beyond Banks


Application / Application Form:

The document you complete telling us about your business and self. You are applying for Funding for your business. We need to understand your business. The Application form allows us insight into your past and current financial environment, and what you want to achieve going forward. Supporting documents such as who the directors and shareholders are, historic financials, and what you want to do with the funding (especially important) will accompany the Application. The more information you provide us the easier it is to place our needs with the right Funders.

Approval Fee:

The fee payable only:

  • After a Funder has Approved a deal for you. This fee covers the work we have done up to this point, together with the skills it has taken to get your Application Form to the Approval stage.
  • And you have received the Approval Terms.
  • And you decided to accept the Approval.
Approval Fee structure, based on the maximum amount made available to you:
Table Header Table Header
>R0 to R1m.
>R1m to R5m
>R5m to R10m
>R10m to R30m
>R30m to R50m
>R50m to R100m

This Fee is only due should a Funder Approve a Facility, And you choose to take up the Facility.


If the Funder approves a lower value than the Application Form requests and you want to continue with the Approval, the Approval Fee will be reduced in line with the Approved value by the Funder i.e. if you apply for R5.5m and the Funder approves R4.7m, then your Approval Fee will within the lower Approval Fee structure and you will pay a lower fee.


On a fluctuating facility such as a Debtors Book (Invoice Financing) or any other fluctuating facility where the Funder does not limit the amount you have available, the Approval Fee will be based on the value of the Balance Sheet Asset being used as Security. Should the Asset being used as Security have more than one valuation, the higher value will be used as per the documents provided to Beyond Banks and the Funder. The Approval Fee mentioned in the above matrix is exclusive of any VAT due.

Approval / Approval Document / Term Sheet

The document that outlines the approval or decline of an application. This may be for exactly what your Application requests or an alternative Product and or amount.
Typically an Approval Document will have the following items outlined:
  • The Approval Amount
  • The type of Facility
  • The Interest Rate Charged
  • Any other charges
  • The time period the Approval Document is offered for. Typically an Approval Document is open for 7 working days. After that, the Approval will become null and void
  • Any Security needed
Should you want to take up the Approval after the Approval has lapsed, an Application Fee of 50% of the Application Fee matrix will be due. This fee covers the updated documents we will need, and to reassess the updated documents, and to liaise directly with the Funder. The Application Fee is non refundable. Should the Funder decide not to provide an updated Approval Document the Application Fee will not be refunded. Should the Funder provide an updated Approval Document, we will continue to work both with you and the Funder towards Facility being paid out.

Approval Terms:

The terms and conditions of the Funders’ Approval.

Approval Value:

The maximum value and/or funding line that is made available to you by the Funder.


In the business environment these are normally fixed assets or movable assets.
Fixed assets refer to items such as property (house, apartment and sometimes vacant land), and large machines that cannot be moved easily. Movable assets refer to items such as the Debtors Book and items in the business premises that are easily moved.

Community of Property / Married in Community of Property

If you are married in Community of Property, your husband or wife will need to sign Personal Surety. This is a legal requirement as any debt you sign for could affect them in the future.

Credit Terms:

When goods are sold or services done for a Customer, an invoice is generated by the Supplier to the Customer. If the Supplier allows the Customer to settle the Invoice on a future date, the time between when the customer has the goods and when the invoice is due to be paid is called the Credit Terms. Credit terms range from a week, but more likely 30, 60 to 90 days after the invoice date.

Customer / Debtor / Trade Receivables / Accounts Receivable

Customer is the company you sell to. If you allow your customer to settle the outstanding invoices in the future, say in 30 to 90 days, the customer then becomes a Debtor. The Trade Receivables relate to a number of customers Debtors who owe you money and the register listing these outstanding values owed by Debtors is called the Trade Receivables and also called the Accounts Receivable.

Creditor / Supplier / Trade Payables

A Creditor is a business who has sold goods to you, allowing you to settle the invoice in the future.This could be in a few days time, or up to 90 days time. The Supplier is the company that has sold the goods to you. Trade Payables is the term used to for the invoices outstanding that has to be paid to Suppliers who sold on Credit Terms.

Debtors Book:

When selling on credit terms (often 30 or 60 days from the end of the current month), you will accumulate two months of debt amounts owed to you by your customers that have bought on credit with you. The listing of customer names and values is referred to as a Debtors Book.

Decision Maker/s:

Any person who has decision making power or who has significant influence within or on the business. This would exclude suppliers and customers.


This is the calculation difference between what is owed on an Asset, and the value of the Asset. The amount owing is an easy figure to find out. When it comes to the market value of an Asset, this value can range depending on who is valuing the asset and the methods they use.
If a property is valued by a certified valuer at R1million and outstanding bond is R400k, then the equity in the property is R600k. This is based on you selling the property and moving out. Remember that a Funder will never give you 100% of the equity value, and a percentage of the equity value of between 40% and 80% is normal in the business finance world.
So in the above example, the equity of R600k, would equate up to R480,000 as a Facility for you.
Not only property is an Asset. Many Funders will look at other Assets too: Vehicles, Debtors Book, Stock Holding, Contracts.


The funding implement this has been applied for, approved or paid out. For example, and increased overdraft type facility, a fixed loan, a revolving loan, etc.


The company who assesses your application and possibly approves your application and puts in place a funding line for you.


The amount provided to a business either as a cash value via a bank transfer or payment to a third party for your benefit.

Funding Product:

A single Facility or a mix of Facilities that provides access to funds for you.

Funder Relationships:

This is the special relationship we have cultivated over the decades from our experience and skills with various financial providers.

Judgement (Court Judgement):

This is when a creditor has gone to Court and the Court agrees that you owe an amount of money. It takes a time, effort and money to register a Judgement against person or a company and a Creditor doesn’t often do this unless they have tried to get their money back in other ways. Because of this Funders do often look negatively if a business or individual has a judgement registered against them. This doesn’t mean that you will be automatically be declined, but it might mean that the Funder will ask some questions around the Judgement and also might increase the pricing of the Funding or increase the amount of security they need, or both.

Loan: Interest only, then repayment:

Pay only the interest for 12 months then start repaying the loan over 3 years.

Loan Term:

The time the Loan / Facility is available to you, before it has to be settled. For a loan, a Loan Term of 3 months to 7 years is typical.

Loan: Fixed repayment

Lump sum made available to you. You then repay the loan over a period of up to 5 years.

Loan: Interest Only

You only pay the interest at the end of the month, for what you have used during that month. Sometimes called a ‘On Demand Loan’, meaning that Funder has the option to demand the full outstanding value is paid immediately, and is totally at their discretion.

Loan: Mixed

Initially only the interest portion can only paid and then after some time, the interest and the repayment of the loan portion over the Loan Term. Sometimes the first few months interest can be added to the overall costing and you won’t have to pay the monthly interest for the first few months. This creates additional cash flow relief in those months.


We would rather be working on getting deals approved. If we really have to set up a meetings, these will be held either on Zoom or over Whatsapp. This is to increase work productivity and not waste your time by driving to our offices. To ensure reduced costs for all our Clients, Applicants, Funders and International Partners, we use our online platform for applications, then emails for any supporting documents. For existing clients and Applications pending, we use emails and WhatsApp as our communication platform.

Pay Out:

The lump sum or amount made available to you by the Funder.

Rental Period:

The number of months or years, the rental agreement is for.

Security / Collateral:

The item/s a Funder is able to lean on should they need to. This would normally be in a situation where the debt is not paid. Security will almost always include the Shareholders signing surety, plus items such as Cession over the Debtors Book (Invoice Financing), a registered property bond (Term Loans or Fluctuating Loans), a lien over stock / inventory, etc.
Security is almost always linked directly to the type of Approval made available by the Funder.
If the shareholders in a business are not prepared to believe in the ability of the business to repay the debt, the funder will certainly not be able to believe in the business to repay the debt.

Stock / Stock Holding:

The items you hold for resale to your customers. The Stock Holding is the cumulative amount of Stock you hold.

Succession Fee:

Any and all Facilities taken up by you within the loan or facility period and within 6 calendar months after the last facility with the Funder has lapsed. Go For It Funding Pty Ltd will be due 3% plus vat of any and all facility values paid to you by the Funder introduced by Go For It Funding Pty Ltd from the first Funding and includes all subsequent Funds paid to you by the Funder, irrespective in Go For It Funding is actively involved in the Funding or not. Should there be any query regarding the Asset Value, the same calculation will be used as for the Approval Fee. For clarity the Approval Fee is due within 48 working hours of the Facility being made available to you, and not from when you use the Facility. We take the payment of the Approval Fee within 48 hours seriously. The Approval Fee excludes any VAT due.

Turn Around Time:

How quickly the Funder takes to get a written answer back to us.
We push our Funders to provide an answer within 3 working days (1st day calculated after receiving all the information we ask for).

Get Started With Your Application Today

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