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Financial planning

Overview

Off balance sheet trade finance facilities


Off balance sheet trade finance facilities through structured self-liquidating deals, meaning that you will be able to undertake much bigger trade-related transactions than what normal banking facilities would usually allow.

Get in touch


Selective invoice discounting

Email: selectivefinance@fnb.co.za

Qualifying criteria


  1. Solvent Balance Sheet
  2. Good quality debtor(s)
  3. Goods must have been delivered or service rendered
  4. Tax clearance certificate must be valid

Documents needed


  • Latest financial information (e.g. management accounts)
  • Latest Debtors Age Analysis
  • Valid Tax Clearance Certificate
  • Completed Selective Invoice Discounting Application Form

Download Form

How it works


  • It is a short-term funding solution that gives start up or growing business's access to immediate cash rather than waiting 30 or more days for debtors to pay.
  • One or multiple invoices for selected quality debtors are 'sold' to release funds and improve the business's cash flow.
  • The facility requires disclosure to the debtor.
  • When the debtor pays the invoice, the facility balance is settled, but the facility remains open for continued future use.

Selective Invoice Discounting


Improve cash flow


This is invoice level financing, where either selected invoices or all invoices for selected preapproved debtors are sold to the bank to release funds and improve cash flow.

How it works


Bridge the cash flow gap


  • It is a short-term funding solution that gives start up or growing business's access to immediate cash rather than waiting 30 or more days for debtors to pay.

Quick turnaround


No waiting around


Cash is disbursed within a maximum of 48 hours after completion of take-on process.

What's hot


Benefits to your business


Discounts + lower stock prices

Use early payment discounts and secure lower stock prices without impacting relationship with debtors.