Merchant Commercial Finance (Pty) Ltd

Merchant Commercial Finance 1  (pty) ltd

Merchant Commercial Finance (Pty) Ltd | About Us

Merchant Factors was founded in 1988. Our vision is to offer growing businesses an alternative to traditional bank loans and overdrafts. Today we are leaders in factoring and trade finance. We pride ourselves on innovation and flexibility. We offer local and international trade finance and are able to tailor our facilities to suit most emerging small to medium size businesses. Our clients’ turnovers range from R100,000 per month to R15,000,000 per month. Our independence allows us the fastest turnaround time in the industry from application to pay-out.

Contact Information
KZN - Office
Kelly Group House, Ground Floor
39 Florida Road
Durban

Tel: (031) 312 2360
Fax: (031) 303 3386
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Merchant Commercial Finance (Pty) Ltd | Using Merchant Factors debtor finance to ease your cash flow

Factoring as an alternative means of improving cash flow is becoming more popular, in fact each year it is estimated that over R25bn of turnover is factored by South African businesses. Factoring is a form of specialist finance aimed at supporting those that operate in the business to business environment. Funding is secured off the strength of the debtor’s book. It’s really a means of unlocking the cash that would ordinarily be tied up for 60 to 90 days as accounts receivable. In simple terms the debtor’s book is basically sold to a financial institution, who advance funding to the business and then administer and collect the outstanding amounts directly from the debtors as they become due. The benefits of factoring vary depending where the entity is in its business cycle. An organisation that is experiencing high growth may find themselves constantly walking a financial tightrope between meeting customers’ needs and ordering greater volumes of stock from suppliers.

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Merchant Commercial Finance 1 (pty) ltd

Contact: Ross Bray
Kelly Group House, Ground Floor
39 Florida Road
Durban

Tel: (031) 312 2360
Fax: (031) 303 3386
Email: mfact1@mweb.co.za
Web: www.mfactors.co.za

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