As is so often the case in our legal system, intention and practice are far removed from each other. The extent of the National Credit Act (35 of 2005) is a prime example of misunderstanding which accidently or purposely crept into our everyday lives. Was the intention of the act to protect every borrower or […]
When two well run and knowledgeable companies in their respective fields join forces to offer clients a broader range of solutions, you can only expect great things to happen. Combining the technology of the Bizcash platform with their specialities in selective invoice discounting and business loans together with Debtsource’s experience in credit and risk management,
Dear Valued Client As we navigate through these turbulent times, be advised that we have taken necessary steps to provide uninterrupted service to you. We have contingency processes and advanced systems in place for this kind of eventuality and we therefore foresee less disruptions than would otherwise be the case. The entire Debtsource team
With the looming national lockdown due to commence at midnight on 26 March 2020, commercial credit grantors are very likely to experience a flood of requests for extended payment terms from debtors. Trade credit transactions are typically based on 30 days from statement trading terms, however many debtors are likely to default on these
