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.
The video below gives a breakdown of how the Bridgement tool works: