Many businesses commonly rely on receivables financing or working capital facilities like overdrafts. However, these traditional financial options often come with certain limitations. They typically require collateral, and their capacity to adapt to your business’s growth is constrained unless your collateral also expands. Furthermore, these facilities are reflected as loans on your balance sheet, affecting your financial profile.

In contrast, Credit Circuit offers distinct advantages. It is non-recourse, which means you are not obligated to provide collateral. Moreover, our financing seamlessly scales alongside the growth of your receivables book. We provide funding equivalent to 80% or more of the VAT-inclusive amounts on your debtor invoices, ensuring that as your receivables book expands, your available funding line grows accordingly. Furthermore, we extend this benefit to your suppliers, allowing them to access 80% or more of the VAT-inclusive amounts of their invoices to you to enhance working capital throughout your supply chain. With Credit Circuit, you gain a versatile financial solution designed to empower your business and boost cash flow through invoices you and your suppliers generate.

What sets us apart is our innovative structuring and advanced processes, supported by cutting-edge technology. These elements collectively work to mitigate risk, allowing our funders to operate without the need for collateral.

Not at all. We seamlessly perform a ‘soft integration’ with your invoicing, accounting, or ERP system, ensuring a hassle-free experience for you. Even if you don’t use such a system and manage invoices manually, we offer a straightforward process to assist you.

We don’t set minimum invoice limits. However, please be aware that we do apply a platform fee for each processed Promissory Note (PN), and there is a minimum platform fee per PN processed.

Our funding process follows a comprehensive approach, where all invoices from a buyer must be funded from the first funded invoice onwards. This means that you cannot selectively fund some invoices while excluding others from the same buyer; it’s an all-inclusive arrangement.

Absolutely not! Our team ensures that you remain fully informed and engaged throughout the collections process. You can monitor all debtor collection activities directly from your profile on our platform.

We act as your authorised collection agent, managing the distribution of statements to your funded buyers and handling buyer payments. Your business name prominently appears on the statements we send. We conduct a one-time biometric check on each buyer you wish to fund, ensuring they are aware of our role in assisting your credit control.

A Promissory Note (PN) is a clear and binding commitment from a buyer to repay a debt.

PNs offer numerous benefits, including reducing dispute risks in trade credit transactions, lowering costs, and expanding the scope and capacity of funding. They benefit not only the supplier but the entire supply chain.

While the digitisation of PNs is a growing trend globally, and Credit Circuit is at the forefront of this innovation in South Africa, it’s essential to understand that PNs remain a reliable tool for secure transactions and can simplify financial agreements for all parties involved.