Transaction Capital Business Solutions takes a hand on approach when assessing all applications; this enables us to talk to you and understand your requirements as opposed to a scorecard approach. Our business model allows us to do away with credit limits, thereby giving you access to instant cash as and when required in line with your sales growth.

Debtor Finance
Debtor finance is the simplest way to fund your business growth and manage your working capital effectively, without having to take on additional debt or extended lines of credit. So why not use your current sales to fund your next order? Debtor finance is either classified as Factoring or Invoice Discounting. The fundamental difference is in the costs associated with each offering where Invoice Discounting is the simplest method to apply for as it has a fixed fee with no additional upfront charges.

The funding process is very simple; you make a sale and deliver the goods or service. The invoice and proof of delivery are then uploaded to Transaction Capital Business Solutions and we will immediately pay up to 75% of the invoice value less our minimal fee, into your bank account. At the end of the month your dedicated credit controller at Transaction Capital Business Solutions will submit a statement to your debtor, collect the full amount owing and refund you the remaining portion less our minimal fee.

Trade Finance
Should your business have a cash flow or working capital requirement, and you don’t have sufficient value in existing invoices, we will look to structure a trade finance facility against residential or commercial property where equity exists. This Property Backed Loan facility can be structured in two ways;

1. Term Loan: We will assess the equity on your property and lend you a certain value. The amount borrowed can then be repaid in equal instalments over a fixed period of time.
2. Revolving Loan Facility: We will assess the equity on your property and give you an overdraft facility whereby you will service the interest portion of monies borrowed on a monthly basis.

Our Trade Finance product can also assist in facilitating Purchase Order funding, Stock Finance and any other form of Asset Finance.

Outsourced Credit Management and Collections
Effective Credit Management requires expert resources which are often scarce and very costly. It’s fundamentally important that as much effort is applied to Credit Management and Collections as is to driving sales - a sale is not a sale until the cash is in the bank.

We have expert resources and cutting edge technology that enable us to professionally execute a world class and fully outsourced Credit Control and Collections service to both small and large businesses.

Giving your customers credit
Affording your customers risk free credit terms is the best way to stimulate and grow your business. Risk free credit can only happen when you have the right credit risk management strategy in place and understand your rights in collecting outstanding monies from your clients. This product will facilitate the completion of credit applications, managing and maintaining the client’s credit risk portfolio and take you through the entire credit lifecycle. From credit application stage right through to collections, this will guide you step by step using best practices in the industry.

Access to a self help portal which will benefit your business in the following ways:

• Setting up the right credit risk management process for your business.
• Know your customers with the right business information
• Grow the customer to acceptable risk levels
• Know how to collect late and outstanding monies from your customer.

SME Credit Insurance
When it comes to affording credit to your customers there are many elements of risk out in the market that are beyond your control, so why not insure your debtors book and achieve peace of mind. Insurance is a sure way to guarantee that you will in the event of default, at least receive a portion of your debt. There are a range of insurance products available to suit all industries ranging from SMEs right through to multi-national organisations. You can tailor-make your own credit insurance policy and by doing so ensure that is affordable and suited to your business.
Together with the insurance aspect of the policy you will receive the added benefit of your debtor being monitored for any adverse information and will be made aware of this as soon as default occurs.

Cover the risk of your debtors not paying you with the following benefits:

• Debtor insurance specific to your size of business, industry and clients
• Ease of understanding of implementation and claims management.
• Facilitation from your insurance company from initiation to collection

Source: https://tcbusiness.co.za/