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BizFunding

Updated
  • Bad credit acceptable
  • Seamless application process
  • Start-ups welcome
BizFunding homepage
Author BizFunding. Screenshot of BizFunding website.
[Accessed July 25, 2023]

About BizFunding

BizFunding is passionate about giving you the financial knowledge to thrive and progress in a fast-paced world. BizFunding was established to bring change in the business sector, as most businesses at that time weren’t given access to capital to grow their businesses.

When we talk about business finance, it isn’t just about giving a business capital, it’s about assisting you to make your business plans a reality.

Receive a solid interaction rooted in trust

BizFunding ensures that every time they interact with you, they structure a solid relationship rooted in trust. BizFunding staff members are instructed to do what’s best for the common good. They’ll face the same direction as your business in order to improve your chances of obtaining success.

Easy, safe, and useful funding

You can see BizFunding as your trusted business partner who aims to offer you advice that assures easy, safe, and useful funding is secured. It doesn’t end there, as they’re also available to assist you on every step of your business journey while strengthening your business and uncovering future opportunities.

Funding to operate and generate more profit for your business

BizFunding is fully devoted to offering businesses (small and medium), access to funding, so they can operate flawlessly and generate more profit. If you’re an entrepreneur on the path to success, they can assist you. If your start-up requires funding as you have purchase orders and projects in place, they can also assist you.

Accelerate your business to the highest level

Nowadays not only do entrepreneurs need finance, but they also need financial aid and knowledge which BizFunding offers as part of the business partnership you form with them. You can choose to get this assistance either once or occasionally throughout the year. They can give you both the capital and knowledge to accelerate your business to the highest level.

BizFunding’s key values

  • Team is built on respect and honesty
  • Innovative leadership that’s consistent enough to assist your business to reach success
  • Assistance on every milestone of your business
  • Up to date with current trends to improve service to you
  • Devoted to gradually giving your business a better future
  • There’s nothing that makes BizFunding happier than seeing your business grow, they encourage businesses to seize opportunities, so they can prosper

BizFunding Services

Deciding to start and run your own business is one of the most challenging commitments you’ll ever make.

By far one of the toughest encounters you would face is acquiring purchase order funding for stock, especially when large orders arrive. It’s important that you have the funds and backing to ensure your customers are satisfied.

Customers seek suppliers who provide quality products at a cheap rates. The challenge that small and medium businesses in South Africa face is trying to obtain big orders from new clients.

There’s a lot of competition in the industry as many customers are seeking suppliers who can provide quality products.

As a business owner, one of the main concerns that often worries you after closing a deal is finding the capital to buy the products to render the best service.

Lack of cash flow can stop you from achieving your purchase order

When you find yourself in this predicament, your business can suffer a big risk of losing both the customer and the purchase order.

Taking up a BizFunding loan on time can offer you the assistance you need, as granting you the funds for a purchase order is what BizFunding does best.

What are some advantages you can expect from purchase order funding?

  • Much simpler to obtain a purchase order loan than from a conventional bank
  • Fast and simple structure
  • Grants financial assistance to up-and-coming business ventures

How does purchase order finance work?

Here’s a typical example. You’ve just received a big purchase order from a client. Your supplier needs cash up front, but your client won’t invoice you until about 2 to 3 months after the order has been delivered.

Knowing very well that the available capital from your business won’t be able to cover the purchase order, this puts you in a cash flow crisis as without the cash, you stand a chance to lose the order and even worse your reputation could be ruined.

To obtain funds, some businesses can find themselves being obligated to turn to traditional banks, however, they’re often rejected because their businesses don’t fulfil the requirements needed by these banks.

With a BizFunding purchase order, your suppliers are directly offered cash, thus making your business obtain the order and profit is dispersed right after the purchase order has been received.

What’s the best part of partnering with BizFunding?

  • Effective and reliable: They’ve been assisting many up-and-coming South African entrepreneurs to succeed
  • Easy process: You’re guaranteed a seamless process with no paperwork
  • BizFunding doesn’t do any credit checks: They focus mainly on your business and not your credit history
  • BizFunding pays no mind to when your business started operating: Whether your business has been operating for a week or for 10 years. BizFunding can assist you
  • Committed consultants: BizFunding committed consultants will be with you throughout your funding journey

BizFunding – Purchase Order Funding

  • Loan Type Purchase Order Funding

Benefits of BizFunding

  • Simplicity: Easy and straightforward process.
  • Speed: Fast approval and funding.
  • No credit checks: Focuses on your business, not your credit history.
  • Diverse assistance: Supports various industries.
  • Experienced consultants: Dedicated consultants guide you throughout the funding journey.
  • Efficient funding: Ensures you have the capital to fulfill purchase orders promptly.
  • Business growth: Facilitates business expansion by enabling you to take on larger orders.
  • Maintained reputation: Helps you meet customer expectations and maintain a positive image.
  • No banking hassles: Avoids the challenges often associated with traditional bank loans.
  • No age limitation: Available to both startups and well-established businesses.
  • Streamlined process: Minimal paperwork and quick access to funds.

3 steps to getting a BizFunding purchase order

  1. To get approved on the same day, you must send your purchase order with the suppliers’ quotations
  2. All supporting FICA documents need to be submitted and verified, so a contract can be drafted
  3. Once your documents have been verified, and you’ve acknowledged the BizFunding proposal, the funding of your business commences

What documents do you need to apply

  • All directors involved in the business should submit copies of their IDs.
  • Submission of proof of address from all directors
  • You need to submit proof of your business address
  • Bank statement (3 to 6 months)
  • Company registration documents
  • Tax clearance certificate
  • Should be registered on the CSD
  • Should have a BEE Certificate

With BizFunding by your side, you can be rest assured that they’ll help your start-up or business to break barriers while growing, and they’ll also ensure the delivery process goes well once you’ve secured a purchase order.

BizFunding Contact

Physical Address

  • Cnr Pinaster Avenue and 18th Street, The Club Shopping Centre, Second Floor, Hazelwood Pretoria Gauteng 0081 South Africa
  • Get Directions

Opening Hours

  • Monday 08:30 – 16:30
  • Tuesday 08:30 – 16:30
  • Wednesday 08:30 – 16:30
  • Thursday 08:30 – 16:30
  • Friday 08:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed