Finance Minister, Malusi Gigaba started his speech on 21 February 2018 with the words: “this is a tough, but hopeful speech” – words that set a tone for what South Africans can expect in 2018. Despite the positive effect President Cyril Ramaphosa has had on our country’s economy during the last month, there are some
Transaction Capital Business Solutions has added a great deal of value to our business. Our debtor book had increased which Transaction Capital Business Solutions were able to accommodate. The additional revenue generated additional expenses, but the ability of Transaction Capital Business Solutions to fund us based on the increased value of invoices submitted, allowed our business to grow. The system they introduced to us for submitting invoices & PODs for payment were quite simple and straight forward. Grant Chalmers was highly instrumental in assisting us where required, and providing the link between ourselves and the credit team which was a big positive. We have also realised a saving on our discounting fees.
The team in Cape Town have been a pleasure to work with, and our lines of communication are always open. They have been very accommodating when required, and always willing to try and understand our business and our clients. Their willingness to assist is very encouraging – enabling us to discuss our cash flow challenges with them and ascertain how best they can assist when required. This makes them stand out from your normal financial institutions.
We would highly recommend Transaction Capital Business Solutions to any business seeking a positive cash flow result.