Case Study: HKM Logistics
“Your personal involvement with me and my business, means the world to me. ”
Case Study
HKM Logistics
Lee went in to chat with Heinrich and we recorded this short video to show you the kind of work we do.
SUPER SIMPLE FUNDING
Is invoice discounting for you?
You get immediate access to income you have already invoiced but would otherwise only receive from your customer at a future date (30 or 60 days later) because of your agreed payment terms. Discounting invoices enables your “terms” business to run as a COD business. You then enjoy all of the benefits of a cash business whilst being able to give your valuable customers payment terms; often a stronger negotiating tool than lower prices. Invoice discounting accelerates your cash flow and opens up so many trading options.
How does it work?
1. Deliver your products (or services) to your customers and invoice them on your normal 14, 30- or 60-day payment terms
2. When you need access to cash flow, send one or more of your outstanding invoices to us
3. Your customer confirms the invoice
4. We pay you up to 80% of your invoice immediately
5. Your customer pays the invoice directly to us
6. When your customer pays, we pay you the other 20% of your invoice less our fee
2. When you need access to cash flow, send one or more of your outstanding invoices to us
3. Your customer confirms the invoice
4. We pay you up to 80% of your invoice immediately
5. Your customer pays the invoice directly to us
6. When your customer pays, we pay you the other 20% of your invoice less our fee
Is invoice discounting for you?
Looking to grow turnover?
New customer requires a 45-day account, but your cash flow won’t stretch?
Landed that dream order and need access to your cash locked in your debtor’s book?
Unexpected business expense?
Is your bank not ready to grant or extend your overdraft?
Yes?
Do you qualify?
Time in business
6 months or more of revenue
Annual turnover
R1m +
Location
Registered in South Africa