Disclosed Invoice Discounting

Disclosed Invoice Discounting
AAF purchases invoices that have been issued for products delivered or services rendered. The debtor that has been invoiced acknowledges that AAF has purchased the invoice and settles the invoice by paying directly to AAF.

Who can apply?

  • Business that sells products or deliver services to a qualifying local or foreign debtor and receives payment on extended terms
  • The debtors must be willing to confirm the payments to Anglo African Finance and acknowledge the purchase of the invoice
  • This product is aimed at businesses that do not necessarily have strong balance sheets

How do you qualify?

  • Supply should be to a qualifying debtor
    • Santam or Sanlam Group company
    • JSE main board listed company
    • Central or local government
    • Any debtor that is covered by a credit insurance policy

Why Disclosed Invoice discounting?

  • If the debtor qualifies the client does not have to go through a balance sheet credit evaluation
  • No costs to keep the facility in place only pay for what you use
  • Take on big clients that demand terms
  • Raise funding without having to increase shareholder contributions
  • This product converts credit sales to cash, which can enable suppliers to provide credit terms to demanding clients
  • The financing can be treated as off balance sheet funding that can enhance the capital structure of the company

Disclosed Invoice Discounting Brochure

Download Disclosed Invoice Discounting Brochure pdf

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