Requirements
Getting Started with Credit Circuit
Business to Business Transaction
You trade goods and/or services with other businesses.
Buyer Credit Terms
You require credit terms from your suppliers and/or for your buyers.
Secure Promissory Notes (PN)
The buyer digitally signs a Promissory Note (PN) at or after delivery, undertaking to pay Credit Circuit, which in turn settles COD or term invoices with the suppliers.
Identity Verification
Our unique one-time biometric check verifies each buyer before their facility activates.
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.