Programme: Merchant Factors Trade Finance
 
Organisation: Merchant Factors
 

Type of Support
  • Funding.
 

Programme Description
 
Here, payment is made directly or a letter of credit is issued to a supplier on behalf of participants. A credit period for payment of up to 120 or 180 days is created.
 

Target Market

Small and medium enterprises
 

Application Process

Applicants must complete the application form online or download one.
 

Success Stories

  1. In-House Crown Logistics has experienced growth due to the assistance rendered by Merchant Factors according to Charl du Toit.
  2. Paul Issa of Buccaneer Shoes has dealt with the organisation and it has provided solutions to his working capital requirements.  
  3. Keith Steinberg of Leclite (Pty) Ltd, an importer and distributor of electronic appliances and furniture finds it preferable to deal with Merchant Factors as the business will have a steady in flow of cash without waiting for their debtors to pay in 60 to 90 days.
 

Contact Details

Head Office Physical Address:
​
Cape Town
Contact person, Stuart Crooks
4th Floor Merchant Place
55 Loop Street, Cape Town 8001
Telephone: 021 466 5244
Fax: 021 424 3784
Email: stuartc@mfactors.co.za or
Laura Beylefeld, email: laura@mfactors.co.za