Cash-flow remains one of the single biggest challenges that all entrepreneurs face. There are few things worse than winning a big order and then being told by your supplier that you will be paid on 60 / 90 / 120 days… The good news is that South African entrepreneurs now have a fantastic tool to help them tackle this challenge.
Bridgement is a popular tool with entrepreneurs who are finding themselves winning business, issuing invoices and then finding themselves having to wait 3 or 4 months before they are going to be paid. For a South African business trying to manage their cashflow, this can be a killer.
The tool will allow a rolling facility of up to R1m against invoices you have issued. You can apply for funding for your SME in minutes and get funds issued in a couple of hours.
Bridgement is free to sign up and all you need to do is integrate your accounting package with their platform. Complete your application and hit send. You can check it our HERE.
The video below gives a breakdown of how the Bridgement tool works: