- A digital technology platform to comprehensively administer the credit advanced by financiers to SMME’s
- Using a digital interface to extract and receive accurate debtor balances from business
- Provide SMME’s with a platform to obtain and manage trade credit on multiple debtor accounts
- SMME’s can make payments to 3rd parties direct from and against available trade credit
- Calculate, process and administer the capital repayments and interest due to financiers for credit utilised by SMME’s
- Credit is provided to SMME’s at market related interest rates and account fees
- A comprehensive and secure administrative process for financiers to manage the security, accurate debtor balances and credit advanced to SMME’s
the partners
SMME's
- Need credit for cash flow to operate business
- Do not qualify at commercial banks for credit
- Can use the amounts owed by clients for services delivered to obtain credit
- is prepared to cede the debt due by clients to a financier in exchange for credit
Financier
- Want to make credit available to SMME’s
- Requires acceptable security in exchange for credit
- Is prepared to accept the amounts owed by clients as financial security
- Requires a third party to manage the security requirements, disbursement of credit and repayment of capital and interest
Approved Business
- Is prepared to help and assist SMME’s to obtain credit to run their business better
- Want to contribute to all initiatives to improve and expand transformation in the SMME sector (BEE)
- Is required to provide the Financier with daily updated information on the credit balance due to SMME’s for services delivered
- Is required to make payment of all amounts payable to SMME directly to the Financiers bank account
Government
- Wish to expand and develop SMME transformation in SA
- Offers BEE benefits for businesses contributing to SMME transformation
- Making funds available to successfully transform SMME
- Are prepared to promote and support SMME transformation initiatives
Moneyit - The ultimate solution to make credit available to SMME’s - small businesses, service providers, contractors and vendors

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