Genrand Head Office

15/09/2014

Kindly take note that we are relocating on 26 September 2014 to our new modern offices at Suite 141A, Millenuim Business Park,

Block E, Edison Way, Century City, Cape Town 7441.

Our new contact numbers will be: 021 824 2332 and 021 824 3397

Our current office numbers will be call forwarded from 26 September 2014.

Our emergency number: 073 220 6807

01/09/2014

Funding & Costs

1. Current (1-31)
Invoice generated and up to 75% is advanced within 24 hours

2. 30 Days
Credit terms granted 30 days from statement

3. Due date and up to 7 days after due date
Reduction in costing in the form of a rebate if the customers pays within 7 days of due date

4. 60 Days from Statement
Invoices are Financed up to 60 days past statement date. No additional fee

**Stronger debtor book equals lower cost to you

29/08/2014

The Solution with Invoice Financing

-Credit vetting of customers
-Minimum 70% of invoice value granted immediately
-Dedicated team ensures proactive and professional Sales ledger administration.
-Balance of invoice pad to you (30%) when invoice is settled*
-Decrease in your costs and increase in your profitability (settlement discounts from Creditors)

*less any applicable fee

28/08/2014

The Problem without Invoice Financing

- Credit vetting is time consuming, expensive and a specialised field
- Once an invoice is raised your working capital is tied up until the debt is paid, which could be as long as 60,9- or even 120 days!
- You become the bank for your Customers Debt with you
- Valuable time is wasted chasing outstanding debt
- No additional profit is made once the invoice has been raised - only costs are incurred in the collection of the debt
- Phone bills, stationery, computers, work space and software costs reduce your Profit Margin

-Debt Turn is not optimised, causing cash flow to decrease and expenses increase

30/06/2014

17/06/2014

http://www.genrand.co.za/

Genrand is a proud member of BFASA, and we specialize in various forms of bridging finance related to the property industry. The core of all business conducted is the discounting of future events, mainly (but not exclusively) for Property Owners, Property Developers, Estate Agents and clients with o…