GPS coordinates: lat: -26.107567 - lng: 28.056702
Rand Trust Financiers
Address:
350 Rivonia Boulevard, 2Nd Floor, Bayport House, 2128 Sandton
Telephone:
0112344089
Description
Invoice discounting is a process whereby businesses use their term invoices to raise instant cash flow to fund urgent expenses or put those growth plans into action. Rand Trust will advance you up to 75% of the invoice value immediately on presentation of signed proof of delivery, collect your entire debtors book as a value add and then retain our discount fee and pay you back the balance of 75% already advanced.
Keywords
Invoice Discounting, Invoice FactoringCompany description
The business cash flow cycle may be expressed as the number of days that it takes R1.00 of cash in the business to convert back to cash after having been invested in stock, work in progress and receivables.Creditor finance on the face of it is the cheapest form of funding but the foregoing of settlement discounts can be significant.
Without receivables finance, your growth can be restricted with too much money tied up in working capital. The use of receivables financing effectively speeds up the business cash flow cycle and therefore significantly improves cash flow.
Rand Trust pays you up to 70% of your invoice value immediately. The balance, less the discount, is paid to you when we collect the full amount from the debtor. By giving you cash upfront, Rand Trust enables you to avoid high risk outside funding. You retain your clients' goodwill, by being able to offer extended payment terms – without risk to your own cash flow. You can negotiate discounts from suppliers or place bulk orders and grow with confidence.
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