NEWSROOM

  
June 21, 2018
business finance

Financing your business

Striking a balance to best finance your business – why it’s imperative to understand the options   With several available options to finance your business, figuring out which is best for you can be both daunting and confusing. Entrepreneurs typically hate asking for finance, which often means that they’ll pick the “path of least resistance” rather than the correct option for their business. Frank Knight, CEO of Debtsource, unpacks different financing options and identifies what makes most sense for your business. The two most important elements at play in business finance are rate and securities. Finding the correct balance for the business is finding the right mix between what interest rate […]
May 15, 2018
291 Surrey Place

We are moving

We are pleased to advise that Debtsource is relocating to larger business premises.  Our last day of operations at our current location will be 31 May 2018.  Our present numbers remain the same, 011 348 7000, and you can continue to email us at info@debtsource.co.za. We will be moving on Friday, 1st of June, on which date our offices will be closed.  Your Customer Relationship Manager will however be available to offer any assistance you may need on this day, and all our online systems are unaffected. We expect some operational delays in compiling credit information reports over the period, but have implemented measures to minimise the impact. We thank you […]
April 26, 2018
afs solution

Finally – a solution to Assess; Insure; Finance; and Manage your credit risk!

To assess; insure; finance and manage your trade credit risk has been the Debtsource vision since our inception in 2003. This vision has now been made a reality through a collaboration with Alternative Finance Solutions (AFS) concluded earlier this year and now ready for launch. AFS specialises in debtor invoice discounting solutions and was born out of the very successful private equity firm – Preference Capital (Pty) Limited, a member of the Stonewood Capital Group. The significant advantage for Debtsource clients is the ability to assess their initial credit risk through detailed research, and then to couple approved debtors with the AFS invoice discounting solution. This solution simply means that […]
April 23, 2018
management advice

Critical credit management advice for small business and start-ups

Starting or running a small new business can be an exciting yet daunting prospect, and there are many hurdles which owners must overcome to ensure that their business survives for the long-term. Primary among the business survivalist toolkit is a healthy cashflow. The saying goes “turnover is vanity, profit is sanity, but cash flow is reality.” Without being able to pay staff and suppliers on time, your business will not survive very long. At the core of a healthy cash-flow lies the function of credit management. It sounds quite simple if you think about at it first – you just need to make sure that clients pay their bills on […]