An unexpected change in your business's financial situation can be incredibly stressful. This is when working capital loans may help cover the shortfall. It’s typical for businesses, both large and small, to use borrowed capital to meet their day-to-day needs. Working capital finance, also known as a short-term loan, helps businesses to increase working capital in a business. This type of finance is ideal for business owners who find themselves in a financial crunch and need an extra boost to cash flow. Working capital money can be used to finance a company’s everyday operations such as stock, payroll or taxes such as VAT. It is, however, not to be used to finance long-term assets such as equipment, or investments such as property. It ranges from short-term loans and bank overdrafts to invoice factoring and debtor finance.  

🌻 FEMALE ENTREPRENEURSHIP STORIES OF SUCCESS 🌻

South African Women Who Made Major Moves This Year

Inventory Financing Can Help You

Even when business is going well, a short-term shortfall between the cash coming in and going out to pay for business expenses and suppliers can result in cash challenges. An inventory loan helps businesses buy stock and mainly benefits product-based industries. For the most part, needing inventory financing is a good thing. It means your business is doing well enough that it has to prepare for the increase in demand or have sufficient stock. 

Benefits of Inventory Finance

• Allows you to meet customer demand

• No need for collateral

• Quick application and approval process

• Bridge cash flow gaps

• Take advantage of inventory discounts

New This Week (29 August 2022)  

• Agriculture Funding Opportunities in South Africa

• Home Business Ideas South Africa

• How Small Businesses Can Give Back to Their Community

5 Key Success Factors Of Businesses 

Most businesses fail in the first five years for a myriad of reasons that range from bad planning and lack of strategy to poor cash flow management or low sales. 

Businesses that survive the precarious first five years often share the same key success factors and have perfected key business processes that have an impact on their customers, employees and revenue. 

Depending on your business, some of the key activities may include:

• Developing vision and strategy

• Developing and managing products and services

• Marketing and selling products and services

• Delivering services

• Managing customer service

For business owners looking to grow below are the top 5 success factors of business.

Need a Bridging Finance? For a Free Quote for Business Funding, visit SME South Africa. 

👑 FEMALE ENTREPRENEURSHIP STORIES OF SUCCESS 👑

12 Big Lessons from some of SA’s most Inspiring Women 

+20 Business Funding Opportunities for Entrepreneurs in the Agricultural Sector

Find the right fund for your agriculture business. Choose from debt financing and venture capital to government grants & incentives and prizes.

Get a full list of agricultural funds for the following categories/businesses:

• Field crop farming

• Animal production

• Dairy farming

• Food & agricultural value chain

• Agro-processing

PLUS – Niche funds for Black and Women-owned agriculture businesses