Short term finance for renewable and energy efficiency installers

̈ THE PROBLEM: Many SMMEs who have contracts for renewable or energy efficiency installations with government/SOE/Large businesses cannot fulfill the contracts due to lack of finance. Most do not qualify for bank financing due to lack of collateral.
 
 ̈ THE SOLUTION: SCF Capital Solutions provides short-term finance to these installers to enable them to purchase material and complete the installation.
 
 ̈ REQUIREMENTS
 ̈ Registered company with valid FICA documents for company and directors
 ̈ Must have a signed contract
 ̈ Must present invoices from Suppliers
 ̈ Must have good track record of installation or must have a technical partner
 ̈ Must Show good project (not business) plan
 ̈ Your client must be Government/SOE/Large business
 
 ̈ TERMS
 ̈ Short term: Facility must be fully repaid within 6 months
 ̈ No monthly payments: Payments are linked to cash flows from the contract.
 ̈ No collateral is required from the SME
 ̈ Maximum facility amount of R5 million
 ̈ Facility is priced monthly, i.e. the quicker the delivery and payment, the lesser the finance cost.
 
̈ CONTACT DETAILS:
 ̈ Telephone: 0115133474
 ̈ Email: info@scfcap.com
 ̈ Website: www.scfcap.com
 ̈ Manager:
 ̈ Name: Vonani Mabunda,
̈ Email: vonani@scfcap.com ,
 ̈ Mobile: 0720626790

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