Requirements
Getting Started with Credit Circuit
Business to Business Trading
You trade goods and/or services with other businesses under established COD or agreed credit terms.
Buyer Trade Credit Facility
Buyers are approved for a single Credit Circuit trade credit facility, structured around production and cash-conversion cycles, and usable across one or more selected suppliers.
Digital Promissory Notes (PN)
Supplier invoices are consolidated into a single digital Promissory Note, signed by the buyer, enabling Credit Circuit to settle supplier invoices early while the buyer repays over the agreed extended term.
Buyer Verification & Approval
Each buyer undergoes a one-time biometric and approval check before their facility is activated, ensuring secure and controlled use of the platform.
Streamlined Collections
Credit Circuit sends out your debtor statements and processes collections received on your behalf.
Business Eligibility
To qualify, your business should have an annual turnover exceeding R1 million and should have been trading for at least 12 months.
Trading History Requirements
Provide proof of trading history with a buyer, whether cash transactions or credit terms, including debtor ageings/debtor statements, and your bank statements, spanning at least three months.
Ready to Power Up Your Cash Flow?
Join the growing number of South African businesses simplifying receivables and payables and instantly unlocking capital with Credit Circuit – better terms for buyers, instant cash for suppliers.