Invoice Factoring
for South African Businesses
Unlock cash tied up in unpaid invoices without taking on traditional debt or disrupting your cash flow.
✅ Unlock cash from unpaid invoices in days, not months
✅ No fixed repayments or traditional loan structure
✅ Built for South African B2B businesses trading on terms
Facilities available from R500,000 to R50 million
A Smarter Way to Manage Cash Flow
Offering payment terms to your clients can place unnecessary strain on your business. Invoice factoring gives you access to cash already earned, without adding monthly repayments or fixed instalments to your budget.
This form of debtors finance is designed to protect your cash flow, not drain it. Funding costs are settled from future invoice payments rather than your current cash position, allowing your business to remain operational and stable while you grow.
Businesses can access working capital from approved invoices instead of waiting 30, 60, or 90 days to be paid. This facility converts future revenue into immediate cash, helping you cover operating costs, take on new work, and grow with confidence.
Unlike traditional loans, invoice factoring is a revolving facility. You choose when and how much to use, and your access replenishes as invoices are settled.
It’s a flexible, transparent solution designed for South African B2B businesses that trade on terms.
Turn Unpaid Invoices into Working Capital
1️⃣ Revolving access to working capital
Once approved, your facility remains available. As invoices are paid, your available limit restores automatically.
2️⃣ No traditional loan repayments
There are no monthly instalments. Funding costs are settled when the invoice is paid, not before.
3️⃣ Use only what you need
You decide which invoices to factor and when. You are never forced to use the full facility.
4️⃣ Transparent, disclosed structure
Invoice factoring is implemented professionally and transparently, with careful handling of debtor communication.
5️⃣ Built for South African B2B businesses
Ideal for companies trading with credible counterparties on payment terms.
Check if your business qualifies
This assessment takes 1–2 minutes to complete.
Once submitted, you’ll receive quick feedback on whether your business meets the minimum criteria to apply for an invoice factoring facility.
If your application qualifies, we’ll guide you through the next steps, including documents to submits so a full assessment can be completed.
How it works
Apply and get approved
Submit your application and supporting documents. If approved, a revolving invoice factoring facility is structured around your business and debtor profile.
Submit invoices for funding
When you need cash, submit approved invoices through the facility. You may factor full or partial invoice values depending on your needs.
Access cash, replenish automatically
Funds are paid out, and once the debtor settles the invoice, your available facility limit restores — ready for reuse.
Frequently asked questions
What is invoice factoring?
Invoice factoring allows businesses to access cash from unpaid invoices instead of waiting for customers to pay. It is a form of debtors finance designed to support cash flow.
Is invoice factoring the same as a loan?
No. Invoice factoring is not a traditional loan. There are no monthly repayments, and funding costs are settled from future invoice payments.
Do I need to factor all my invoices?
No. You choose which invoices to factor and when. Unfactored invoices remain untouched.
Are there monthly or unused facility fees?
No monthly, activation, or non-usage fees apply. You only pay a discount fee when you choose to factor an invoice.
What type of businesses qualify?
This facility is best suited to South African B2B businesses that issue invoices with payment terms to credible counterparties.
What documents are required to apply?
To assess your application, we require the following documentation:
- CIPC registration document
- Latest annual financial statements
- Latest management accounts (required if financials are older than 3 months)
- Copy of your current debtors book
- Copies of any existing overdraft or funding facility letters
- Last 6 months’ business bank statements
These documents allow the funder to assess both your business and the quality of your debtor profile.
Does my business need financials to apply?
Yes. Financial statements are a minimum requirement for invoice factoring.
We can only proceed with an application once the required financial documentation has been provided, as this forms part of the credit and risk assessment process.
What are the minimum requirements to apply?
To be considered for an invoice factoring facility, your business must meet the following minimum criteria:
- At least 2 years of trading history
- Minimum annual turnover of R2 million
- Operate in a B2B environment and trade on payment terms
Meeting these criteria does not guarantee approval but allows the assessment process to begin.
How long does the process take?
Approval of an invoice factoring facility typically takes 1 to 4 weeks, depending on:
- How quickly documents are submitted
- How promptly queries are responded to
As part of the process, a site visit will be conducted before final approval.
Once the facility is approved and onboarding is completed, payment of submitted invoices is usually made within days.
Is this facility disclosed to my customers?
Yes. This is a disclosed invoice factoring solution. Debtor communication is handled professionally and sensitively to protect your business relationships.
Do I have to change my bank account?
Yes. To secure the facility, payments from your debtors must be redirected.
Our funding partners require invoices to be paid into a new account. This can be structured in one of two ways:
- Your debtors pay the funder directly, or
- A new bank account is opened in your business name, which the funder has access to
The funding team will assist with setting this up and will help communicate the change to your debtors to ensure a smooth transition.
Will this affect my relationship with my clients?
No. In most cases, invoice factoring strengthens your relationship with your clients.
Before approval, your business is thoroughly vetted, which demonstrates financial stability and backing. This reassures your debtors that you can confidently offer payment terms without compromising your ability to deliver on the work.
Rather than being a risk, a factoring facility positions your business as well-funded and professionally managed.