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South Africa

Additional EUR 8.3m for SME Funding

RAND TRUST was the pioneer of invoice discounting in South Africa (in 1958) and the product has since evolved and developed to become well-known under the term of Asset Based Finance (ABF). The banks followed approximately twenty years later, according to...

Regent Group becomes first non-bank owned member of Debtor...

The Regent Group have been given associate membership to the Debtor Finance Committee of The South African Banking Association. (more…)

#bank#invoice#supply chain finance


Global Report: Factoring in South Africa 2007/2008

David John Cory, Head of Debtor Management, Nedbank Ltd, gives the overview of factoring in South Africa for the forthcoming…

#bank#interest rates#invoice


Credit Guarantee sees rise in debt defaults

Business managers will have to be very watchful of their debtors in the months ahead to ensure that payments are…


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. (more…)


Late payments squeeze SMEs

Delayed payments by the government and big corporations continue to stifle South Africa's SMEs. (more…)

#banks#small business#small businesses


Good news for SME’s as SA catches on to...

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…

#accounts payable#bank#guarantees


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. (more…)


Khula buys 20% stake in Regent Factors

Khula Enterprise Finance has boosted its asset base through a R100-million transaction with Regent Factors. (more…)

#financial services#purchase order#smes


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. (more…)


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. (more…)

Martin selected to chair Credit Guarantee board

Alwyn Martin is to take on the position of chairman for Insurer Credit Guarantee.   (more…)

#guarantee#WHO

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