Profitshare Partners

The modern business landscape is riddled with challenges. Any budding entrepreneur knows how tough managing cash flow can be.

Accessing funds nowadays can be a nightmare. Fledgling businesses find the traditional financial institutions’ stringent requirements very challenging to navigate.

The NCA’s stringent funding criteria

The National Credit Act (NCA) makes it extremely difficult for small businesses to qualify for funding.

Factors such as profitability, experience among management, and existing opportunities don’t determine access to credit. Most start-up businesses are unable to adhere to the NCA’s stringent criteria as they have not been operating long enough.

Bridging the market gap

Profitshare Partners address this massive gap in the market. The company’s sole objective is to assist young businesses in growth. Its primary focus is on the acceleration of this growth to revitalize economic trade.

Ex-banker and entrepreneur, Andrew Maren, established Profitshare Partners in 2017. Underwritten by Fintech, it enables small businesses to secure much-needed funds for growth.

The Profitshare Partners philosophy is grounded in the belief that business growth can be stimulated through access to the right finance solutions.

Helping emerging entrepreneurs thrive

Profitshare Partners functions as a venture partner for emerging businesses. It offers a range of finance solutions to upcoming SMEs that previously had nowhere to turn.

The company considers emerging businesses the future of our economy. It also grasps the vital importance of having immediate access to funds.

Entrepreneurship is at the heart of Profitshare Partners. It offers short-and fix-term funding to start-ups and small businesses that don’t qualify for traditional credit.

Investing in you

Profitshare Partners’ standard criteria, unconventional security, and visionary funding model are exclusively designed to support companies identified as having the required entrepreneurial potential to drive their growth profitably. Profitshare Partners invests in the entrepreneur. You now have a venture partner for the short term.

Profitshare Partners’ service products are geared towards SMEs operating within large companies or the government sector.

You’ll get funds in exchange for a profit share per transaction. This means you don’t have to surrender equity in your business. At the core of Profitshare Partners’ success story lies its impeccable track record, industry experience, and access to the right resources.

A unique funding model:

• All SMEs can apply.
• Your business doesn’t need to submit financials or security.
• It’s the ultimate solution for young companies that don’t yet have a proven track record.
• Profitshare Partners’ seamless digital online process makes accessing capital a breeze.
• The company has a proud track record of increasing client turnover by 1 000% within a year.

Solutions tailor-made for the entrepreneur

Profitshare Partners offers an impressive range of finance solutions to accommodate your needs. You can secure business loans ranging from R250,000 to R 5 million per transaction. Approval takes less than 48 hours, and the funds are available within days.

These services include:

• Purchase order finance - Purchase order finance enables you to pay your suppliers immediately so that you can deliver on your customer’s orders. This is while you wait for payment from your client. You need a valid purchase order (PO) from a trustworthy entity within the private/public sector to qualify. The process is swift and seamless.
• Contract funding - Any SME with a binding contract from a credible entity qualifies. Contract funding enables you to pay your suppliers prior to receiving payment from your client.
• Invoice purchasing - This product is designed to improve your cash flow while waiting for payment. You can now finance your approved invoice. It’s the perfect solution for when your clients settle their invoices later than expected.
• Import finance - This product caters to those times when you have to source goods from overseas. International suppliers typically expect immediate payment. Import finance settles your import costs (including logistics and local duties) in full. You simply repay the amount when you receive payment from your client.
• Short-term asset finance - You can now finance any asset necessary for your business over a maximum period of 12 months.
• Production and manufacturing finance - This offering secures funds for raw materials from your suppliers according to the agreed payment terms. It streamlines your production processes so you can deliver timeously on orders. It also enables you to negotiate for better pricing and accelerates stock delivery.