A line of credit (LOC) is another great way to handle a business’s everyday needs and also help fund its growth and expansion. As a LOC is a form of secured lending, they are suited to a business that owns a property to be used as security and they also attract cheaper rates than an overdraft would.

An overdraft is a great way to handle everyday business needs when cash flow is poor or the timing of cash flow is poor. As overdrafts are a form of unsecured lending, they are suited to a business that is leasing or renting premises.

Using your business’s projected cash flows to obtain finance is a great way to obtain funding for a new business that has yet to post a profit due to its recent establishment.

Trade Finance is the financing of international import/export transactions. This type of funding can be used for a business importing goods or exporting goods.

Debtor or Invoice finance is like a line of credit for your business that is secured by your outstanding invoices (accounts receivable/debtors). It is a great funding solution for improving cash flow and generally attracts cheaper rates than an overdraft would.

DIRECTOR

Barry has a broad background of knowledge in the banking and finance sector which allows him to fully support and assist his clients through the entire process.

DIRECTOR

Being in the industry since 2014, Vince has a family background in business and study which gives him a unique perspective that is valuable to his clients.

ADMIN

Michael joined MM Financial consultants in 2015. An extensive history in the SA Banking Industry has proved very valuable to our team.