Magnet Invoice Discounting

Attract Tomorrow with Invoice Discounting –

Cash when you
need it now!

Invoice discounting is a financing method that enables businesses to unlock immediate cash by using unpaid invoices as collateral. This short-term borrowing option involves a company securing funds from a lender based on its accounts receivable. With invoice discounting, you retain control over your receivables and customer relationships.

Its simple and really fast!

How it works

Credit
Sales:

A business issues invoices to customers with payment terms (e.g., 30, 60, or 90 days).

Lender
Engagement:

The company submits eligible invoices to Magnet.

Cash
Advance:

After assessing the creditworthiness of the customers (debtors), Magnet will advance up to 80% of the invoice value, often within 24-48 hours.

Payment
Collection:

Your customer pays the invoice directly to Magnet.

Final
Settlement:

Once payment is received, the lender releases the remaining balance to the business, minus fees and interest.

Benefits

We provide a quick infusion of cash, enabling a business to cover its working capital needs and maintain a positive cash flow.

INCREASED
LIQUIDITY

By converting its unpaid invoices into cash, a business can free up funds for investment in growth opportunities or for paying suppliers, employees, or other expenses.

REDUCED
RISK

Invoice discounting shifts the financial risk of non-payment from the business to the finance provider, as the latter assumes responsibility for collecting the outstanding debts.

ENHANCED CREDIT
RATING

With invoice discounting, a business can improve its credit rating by showing lenders that it has a reliable source of cash flow and a low risk of default.

MORE
CONTROL

Unlike other forms of financing, invoice discounting does not require a business to offer collateral, which means it can retain control over its assets and operations.

How do

you apply?

Contact us today and
our friendly consultants will
lead you through the process.

Alternatively, you can fill in the below form, and we will contact you for assistance.

WHERE TO FIND US

4th Floor
43 Plein Street
Stellenbosch

info@aaf.co.za
www.magnetfinance.co.za

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