BLOG – How SMEs can apply for purchase order financing.

For many years there’s been a significant gap in the market for business funding of SME’s and thus the birth of ProfitShare Partners. We’re passionate about enabling growth for entrepreneurs & small business owners. We want your business to do more business! Our company was created to help the SME sector and be a place where small businesses can seek capital for their business .

BLOG – How SMEs can apply for purchase order financing., ProfitShare Partners

About the #GetSAWorking initiative: 

In June 2020 we launched the #GetSAWorking initiative. It’s an exciting growth initiative stimulating growth and development for SMEs in South Africa. There has never been a better time than the present to get small businesses working & to give entrepreneurs the business boost they need for their business to succeed.

We aim to create more jobs and develop more businesses in South Africa. By providing a share of R100-million to qualified SME’s, we’re able to provide an alternate place to seek capital. More often than not small businesses do not know where to turn for funding and often have doors shut in their face. We’ve already disbursed over R50 million with close to another R50 million available for pay out over the remaining months.

Join us to #GetSAWorking as one approved campaign applicant stands a chance to win R1 million in cash at the end of the one year period. We’re sure you can think of 1 million things to do with that money. To stand a chance to win, you must be in it to win it. Make sure you apply today to be considered a qualified approved campaign applicant.

BLOG – How SMEs can apply for purchase order financing., ProfitShare Partners

So where do you start with the application you ask:

Well, unlike traditional business banking loans, we do not require your financials or security. We’re passionate about enabling growth for entrepreneurs & small business owners that’s why we also have ProfitShare Partners experts, for our first-time applicants, which will help you throughout the process.

All we do request is that you make the first move. We invite SMEs to come to us and say: ‘I have this great transaction and here’s a large corporate that is willing to buy my product or service.’ With proof of an order or a contract from the corporate, ProfitShare Partners is then able to put up the capital.

3 easy steps to apply online for business funding:

  1. Complete an easy online application form
  2. If you need help or have any queries you can email us on queries@profitsharepartners.com
  3. We provide feedback within 24 – 48 hours and pay out for new applicant usually within 7 days of application

Once you’ve fulfilled all ProfitShare Partners requirements, the team gets to work. They make the capital available and the opportunities for success to happen.

SMEs who meet the criteria could be one of the many who will be supported, step by step, to help the South African economy recover – and thrive.

2 Responses
  1. Petrus Storm Maduna

    Mr. Ps Maduna from Phuthaditjhaba Qwaqwa I’m a new business that looking to start manufacturing animal’s feed in our Maluti A Phofung municipality Thabo Mofutsanyana District can I get funding for Storm and Sons General Trading Pty Ltd of R20M

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