This is according to quarterly Debtsource credit application data which shows a sharp increase in fraudulent activity from Q2 to Q3 2023 along with a significant rise in the value of fraudulent applications. The context is that businesses are more reliant on supplier credit facilities as their prime form of business lending due to a […]

Debtsource is pleased to announce that it has been awarded a BEE Level 2 rating by an independent rating agency. The contributing factors to the rating included the help Debtsource offers to small black owned businesses as well as the charity work done with the Abraham Kriel Childrens Home.