Do You Qualify for Fast Invoice Financing?
- SA-registered Pty Ltd or CC
- Turnover above R1 million
- Invoice other SA-based businesses
- Need funding of R100K or more per month
Frequently Asked Questions
What is invoice discounting?
Invoice discounting is a financial service that allows your business to access immediate cash by selling your unpaid invoices to a funder.
How does your product differ from a loan?
Unlike a loan, invoice discounting isn’t recorded as debt. You’re simply receiving early payment on an invoice you’ve already issued.
Who should use invoice discounting?
Any growing business with long customer payment terms and a need for faster cash flow can benefit from it.
Who should NOT use invoice discounting?
If your customers don’t pay on time or if you only invoice once in a while, other funding methods might be better.
What is the purpose of invoice discounting?
It’s used to bridge cash flow gaps, ensuring you can pay suppliers and staff while waiting on customer payments.
Can I just finance one or a few invoices?
Yes. There’s no requirement for ongoing contracts — you can finance selectively when needed.
How is Growth Finance different from other non-bank funders?
We fund based on your client’s strength, not your credit score. We’re fast, transparent, and relationship-driven.
What are the requirements for my company to apply?
Your business should be a registered South African entity (Pty Ltd or CC), with a monthly funding need of R100K+, and issue invoices to other South African businesses.
What documents do you need from me?
Typically, we require company registration docs, recent invoices, bank statements, and ID copies for directors.
How long does the application process take?
Once all documents are submitted, approval can happen within 24–48 hours.
What is the application process like?
The process is 100% online. Complete our pre-qual form, submit docs, and we’ll assess and respond with terms — usually within a day.
Can I apply if my business has an adverse payment record or default judgment?
Yes. We focus on your customer's payment strength, not your credit record. However, full disclosure is important.
What if my business is not registered for VAT?
That’s okay. You can still apply as long as you meet the other eligibility criteria.
How do I sign Growth Finance’s legal agreement?
We use electronic signing platforms — no printing or scanning needed.
How long does it take to receive cash for my invoice?
Once approved and your client confirms the invoice, funds are typically paid within 1–3 business hours.
Will my customer know that I am financing my invoices?
Yes, because they’ll confirm the invoice and pay Growth Finance directly. We handle this professionally and confidentially.
How does the process work?
You upload an invoice, your customer confirms it, and we advance up to 80% of the invoice value. When your customer pays, you get the rest (minus our fee).
What does my customer need to confirm?
They confirm that the invoice is valid, undisputed, and scheduled for payment on agreed terms.
Do I need to change the payment details on my invoice?
Yes. Your invoice will need to reflect Growth Finance's bank details — this ensures payment comes directly to us.
What are the requirements for my invoices to be financed?
Invoices must be to another registered SA business, reflect completed work or delivered goods, and have payment terms not exceeding 90 days.
Are there any debtors you won’t work with?
Yes. We may decline funding for invoices to government departments, international clients, or businesses with high dispute risk.
What factors do you consider when assessing my customers?
We review their credit record, payment history, and industry stability. Our goal is to fund invoices that are likely to be paid reliably and on time.
How much of my invoice value will be advanced by Growth Finance?
We typically advance up to 80% of the invoice value upfront. The remaining 20% is paid after your customer settles the invoice.
Does my business pay to sign up with Growth Finance?
No. There are no sign-up fees, monthly charges, or hidden costs. You only pay a fee when we fund an invoice.
How can I manage my funding costs?
We offer flexible, transparent fees based on invoice size and risk. You’ll always see the cost upfront before accepting any funding.
What is the minimum and maximum funding I can apply for?
We typically fund invoices of R100,000 or more. There’s no hard maximum — we can scale with your needs and invoice volume.
For those who want to dig into the fine print, download our full legal and compliance PDF below.
Let’s Talk
Talk to Gareth and the team about how we can help your business. Call, message, or use the form — we’ll get back fast.
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- Hours: Mon–Fri, 8:00–17:00