Access to finance for SMEs is easier than it has ever been. Obstacles and challenges that previously seemed insurmountable are being tackled by government through initiatives such as
There are developments currently in progress to produce an industry wide electronic interface system that will enable factors to receive electronic notification from debtors once
Increasing rates and delays in decision-making and red tape by banks have resulted in hundreds of SMEs seeking alternative ways to achieve funding, according to
The South African Reserve Bank (SARB) says Private sector credit extension (PSCE), including factoring advances, accelerated from the previous month despite favourable base effects.
Nedbank Business Banking's agricultural division manager in the Western Cape, Rico Basson, says export factoring is a growing part of the bank's R1bn-plus exposure to the R20bn Cape wine sector
