ADVERTORIAL: BIZCASH
Who is
Bizcash?
Expert industry knowledge and advice
Disruptive Fast Lifelong Partnerships
Founders of Alternative Finance Solutions (Pty) Ltd (AFS) have 50 years' combined experience in financing SMEs, with all of them working in the banking sector at some stage of their careers.
Simple and secure
Out the box
AFS, founded in 2017, is a specialised finance Tailored Available house that is passionate about working alongside solutions 24/7 SMEs to assist in optimizing their cashflow through secured financial solutions. Fintech In June 2019, AFS went from having only the Disclosed Invoice Discounting solution Forefront of financial technology to acquiring the assets and IT platform of Bizcash (Pty) Innovative thinking Ltd, one of South Africa’s Speed and flexibility leading on-line invoice discounting platforms and have since decided Growth and to keep the name prosperity brand as 'Bizcash'.
What has Bizcash accomplished?
Since June 2019, we have grown exponentially, introducing and expanding with a variety of different solutions such as Selective Invoice Discounting, Business Loans, Overdrafts and Term Loans, resulting in over R586 million being paid out to SMEs and growing over 474 businesses across South Africa. The expansion has successfully enabled us to grow our team by 80%. We have also recently launched our updated and refreshed website. Check it out at www.bizcash.co.za We have established partnerships with Telkom
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sabusinessintegratrator.co.za
for Business and Debtsource, which enabled us to extend our reach and work with more SMEs that benefit from our financial solutions. This has come at the perfect time, where due to the COVID-19 pandemic, businesses' working capital cycles are under more pressure now than ever before. Late last year we expanded our solutions yet again by acquiring a world class Supply Chain Finance platform, with which we will be rolling out our Bizcash SCF offerings to the market, with our focus to create value in our clients' supply chains to strengthen and ensure sustainability.
