Our client is a construction and consultancy services company specialising in various sectors of construction, maintenance, and consultancy. Their services include bush clearing, steel tower assembly, road construction and maintenance, hygiene and cleaning services, and SHEQ business consultancy services.
Delays in client payments meant that our client couldn’t always pay staff salaries on time, purchase new materials and meet incoming order demand.
Being a new, small business, our client’s risk of loan default was high, and they were unable to secure a bank loan or access credit to solve their cash flow challenges and scale their business.
Our client approached Sourcefin primarily for assistance with their cash flow problems within the business. Sourcefin solved the client’s capital and scaling challenges by applying an integrative approach that didn’t just provide access to cash flow, but also enhanced and elevated their business processes and management operations for maximum growth potential.
Sourcefin provided instant stopgap funding needed to implement positive cash flow solutions.
Sourcefin helped refine and improve our client’s existing workflow and order management processes
Sourcefin leveraged its extensive network of suppliers to utilise for efficient, growth and scaling.
In order value fulfilment capabilities that our client can take on - up from R200,000 when they started.
Increase in the value of incoming orders that our client receives and accepts since partnering with Sourcefin.
The time it took our client to have the cashflow necessary to fund its own orders supported by a bank facility for which it has newly qualified thank to Sourcefin's support
By enlisting the services of Sourcefin, our client was able to establish a healthy cash flow, allowing for growth and expansion. Tapping into Sourcefin’s extensive supplier network enabled Sourcefin to effortlessly scale their operations without interruptions to their service.
They have also since developed a healthy credit facility with access to loans from major South African banks like FNB, powered by the initial cash flow investment by Sourcefin.
I am incredibly proud to have been able to help Jeany overcome her cash flow challenges and achieve uninterrupted growth. Seeing the positive impact of our integrative approach on their business output is what drives us at Sourcefin.
Sourcefin is a finance specialist providing a comprehensive suite of services for delivering on purchase orders. This includes PO funding, sourcing goods from our network of suppliers, handling all logistics, and offering expert guidance to ensure the successful delivery of your requirements. Additionally, we provide invoice discounting services to help manage your cash flow efficiently.