SME's are supposed to be the drivers of South Africa’s economy, but the hurdles they face when it comes to accessing not only finance, but reliable information about finance, are significant. Learn more about our solution.
One of business finance products featured on the Fincheck Business Finance Platform is Invoice Discounting. Says Michael, "By taking out a loan against their sent invoices, it works like bridging finance. Invoice discounting can be a relevant option for a business when its capital is tied up in stock or when it is working on customer payment terms of 30, 60 and even 90 days,"
It is crucial for businesses and people in South Africa to be empowered for growth. Being able to investigate information that is clear, understandable, and transparent is part of that. Which is why it was important for us to get the Fincheck Business Finance Platform in front of SME's all over South Africa
Fincheck is a financial comparisons website that organises information to assist the borrower in making their best financial decision.
Fincheck gathers information from numerous banking partners and presents it to the borrower in a simple, understandable way. Lenders benefit from an additional market place and extensive customer reach. Loan amounts vary from lender to lender. Fees, interest rates, loan amounts and credit scores influence the repayment terms. Lenders require personal details to control their risk and assist the government to combat theft, money laundering, terrorism. Fincheck does not endorse any particular product or company. We are an independent company. The information shown and provided is an opinion, based on numbers and must not be seen as advice or consultation.
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