Question 1

What is Sourcefin and how does it work?

Accepted Answer

Sourcefin is a South African fintech providing purchase order funding and invoice discounting to help SMMEs fulfill orders and improve cash flow. Businesses apply online with a valid purchase order from a South African entity, get funding up to 100% of the order cost within 48 hours after document review, and repay once the client pays; it also offers supplier sourcing, logistics, and project management support.

Question 2

How much does Sourcefin cost?

Accepted Answer

Sourcefin is free to use for SMMEs with no upfront costs or hidden fees. You only pay once your client pays you.

Question 3

What countries does Sourcefin operate in?

Accepted Answer

Sourcefin operates in South Africa.

Question 4

How do I sign up for Sourcefin?

Accepted Answer

Fill out the simple online application form on their website, which connects you with a sales agent. Provide required documents like tax certificates, supplier quotes, proof of registration, and the purchase order. A dedicated agent guides you through the process, with funding approved in about 48 hours.

Question 5

Who is Sourcefin best suited for?

Accepted Answer

Sourcefin is best suited for South African SMMEs, including startups and established businesses, facing cash flow constraints to fulfill purchase orders or discount invoices, especially in supply, delivery, construction, or service sectors.

Question 6

How do I contact Sourcefin support?

Accepted Answer

You can contact Sourcefin via email at hello@sourcefin.co.za.

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