Durban based company becomes major factor in SME sector In recent years SMEs have come to play an increasingly important role in South Africa's economy.
Late payments squeeze SMEs Delayed payments by the government and big corporations continue to stifle South Africa's SMEs.
Good news for SME’s as SA catches on to invoice financing Many manufacturing and distribution businesses have now discovered a preferred way of raising finance by using their own debtor book.
Cash Flow more accessible for SMEs Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to reduce cash flow problems faced by SMEs.
Kuala & Regent Factors launch reverse factoring Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to help reduce SME cash flow problems.
Khula buys 20% stake in Regent Factors Khula Enterprise Finance has boosted its asset base through a R100-million transaction with Regent Factors.
ECIC expands to political risk insurance The Export Credit Insurance Corporation is to provide political risk insurance to financials that provide loans to foreign enterprises and projects.
African Dawn acquires medical factor and discounter African Dawn Capital has acquired all the issued shares in and claims against Dumont Healthcare for R11.5m.
Martin selected to chair Credit Guarantee board Alwyn Martin is to take on the position of chairman for Insurer Credit Guarantee.
BoB opens second branch in South Africa Bank of Baroda has opened its second branch in Johannesburg, South Africa.