Use your debtors for immediate access to credit and cash flow at market-related rates

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Use your debtors for immediate access to credit and cash flow at market-related rates

Use your debtors for immediate access to credit and cash flow at market-related rates

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Are you finding it difficult to qualify for credit as a small business? Moneyit is your solution!

Cash Flow at your fingertips through the Moneyit Platform.

This revolutionary digital platform allows small businesses to convert money owed by customers into cash within 3 days.

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Are you finding it difficult to qualify for credit as a small business? Moneyit is your solution!

Cash Flow at your fingertips through the Moneyit Platform.

This revolutionary digital platform allows small businesses to convert money owed by customers into cash within 3 days.

The biggest Business, Money Provider and SME partnership in South Africa’s history.

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Business

Help SMME’s to gain access to credit. Click here to find out more..

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Money Provider

Opportunity to invest in small business growth. Click here to find out more..

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SMME's

Access to credit to pay for operational expenses. Click here to find out more..

The biggest Business, Money Provider and SME partnership in South Africa’s history.

Tap on the images below to find out more
hand tapping the screen, to show you need to tap the images on mobile

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Business

Help SMME’s to gain access to credit. Click here to find out more..

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Money Provider

Opportunity to invest in small business growth. Click here to find out more..

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SMME's

Access to credit to pay for operational expenses. Click here to find out more..

Why Moneyit

insufficient cashflow

Small businesses and contractors biggest obstacle in managing business operations is insufficient cash flow

ACCESS TO CREDIT

Only 20% of SMME applications for credit at commercial banks are successful

UNFAIR MARKET COMPETITION

SMME’s cannot compete with established businesses with credit lines from the commercial banks

insufficient cashflow

Small businesses and contractors biggest obstacle in managing business operations is insufficient cash flow

ACCESS TO CREDIT

Only 20% of SMME applications for credit at commercial banks are successful

UNFAIR MARKET COMPETITION

SMME’s cannot compete with established businesses with credit lines from the commercial banks

PERFECT SOLUTION

Only solution for SMME’s to obtain credit against amounts owing by customers

ECONOMIC GROWTH

Successful growth of the SME sector will lead to economic growth

LOW RISK

Security for credit is against the receivables of credible and reputable businesses

PERFECT SOLUTION

Only solution for SMME’s to obtain credit against amounts owing by customers

ECONOMIC GROWTH

Successful growth of the SME sector will lead to economic growth

LOW RISK

Security for credit is against the receivables of credible and reputable businesses

SME TRANSFORMATION

Best opportunity yet for Businesses, Money Providers and SMME’s to partner for successful SME transformation

SME TRANSFORMATION

Best opportunity yet for Businesses, Money Providers and SMME’s to partner for successful SME transformation

How Moneyit works

  • WHO QUALIFIESY FOR CREDIT?

    Any person, contractor, service provider or business whose customer is listed on the Moneyit platform for credit. No screening or credit application required.

  • CREDIT IS AGAINST YOUR DEBTOR BALANCE

    Moneyit receives a daily electronic update from your debtor with your credit balance owing to you. Every time you deliver a service your credit balance increases.

  • Cash for credit

    Convert up to 80% of your debtor credit balance into cash.

  • MONEYIT PLATFORM IS ALL YOU NEED

    Use the Moneyit Mobile App to register, to view available credit, to make payments from your available credit and generate reports to administer and manage accounts. All payments are through a commercial bank.

  • WHAT WILL MONEYIT COST YOU?

    Moneyit charges a service fee 0.85% on all credit advances. A bank transaction fee may be charged on payments. The Money Provider will charge a market related interest rate cost on credit advances.

  • WHAT SECURITY IS REQUIRED?

    You cede the collection of the money owed to you by your debtor as security to the Money Provider for the repayment of the credit advances. Nothing more required!

  • REPAYMENT OF CAPITAL AND INTEREST

    Your debtor is required to pay all amounts due to you to the Money Provider Collection account. Moneyit manage the settlement process. It calculates and deducts the amount of capital and interest due to the Money Provider with the surplus amount paid out to your nominated bank account.

  • Surplus funds

    There will always remain a surplus after settlement of capital and interest to the Money Provider. You will be required to open a bank account at one of the Moneyit partner banks for payment of surplus funds.

  • WHO QUALIFIESY FOR CREDIT?

    Any person, contractor, service provider or business whose customer is listed on the Moneyit platform for credit. No screening or credit application required.

  • CREDIT IS AGAINST YOUR DEBTOR BALANCE

    Moneyit receives a daily electronic update from your debtor with your credit balance owing to you. Every time you deliver a service your credit balance increases.

  • Cash for credit

    Convert up to 80% of your debtor credit balance into cash.

  • MONEYIT PLATFORM IS ALL YOU NEED

    Use the Moneyit Mobile App to register, to view available credit, to make payments from your available credit and generate reports to administer and manage accounts. All payments are through a commercial bank.

  • WHAT WILL MONEYIT COST YOU?

    Moneyit charges a service fee 0.85% on all credit advances. A bank transaction fee may be charged on payments. The Money Provider will charge a market related interest rate cost on credit advances.

  • WHAT SECURITY IS REQUIRED?

    You cede the collection of the money owed to you by your debtor as security to the Money Provider for the repayment of the credit advances. Nothing more required!

  • REPAYMENT OF CAPITAL AND INTEREST

    Your debtor is required to pay all amounts due to you to the Money Provider Collection account. Moneyit manage the settlement process. It calculates and deducts the amount of capital and interest due to the Money Provider with the surplus amount paid out to your nominated bank account.

  • Surplus funds

    There will always remain a surplus after settlement of capital and interest to the Money Provider. You will be required to open a bank account at one of the Moneyit partner banks for payment of surplus funds.

How to register

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    Download the Moneyit App from Google Play or the App Store.

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    Select the SIGN UP option

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    Follow the STEPS AND PROCEDURES

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    Once registration is completed, you will immediately have access to credit on your debtor account balance.

Why small businesses are choosing Moneyit

  • Immediate Credit

    Almost immediate credit on money owed by customers

  • No Application Required

    No bank credit application required, only registration on Moneyit

  • User-friendly

    Easy and quick to use through any computer or mobile device

  • Live Updates

    Receive instant message notifications on new credit available

  • Cash Flow Relief

    Enjoy access to cash flow for better business operations and services

  • Management Solution

    Manage all your debtors credit on one platform

businessman-hand-holding-light-bulb-idea-concept-with-innovation-inspiration-idea-finance-accounting-400x420
  • Immediate Credit

    Almost immediate credit on money owed by customers

  • No Application Required

    No bank credit application required, only registration on Moneyit

  • User-friendly

    Easy and quick to use through any computer or mobile device

  • Live Updates

    Receive instant message notifications on new credit available

  • Cash Flow Relief

    Enjoy access to cash flow for better business operations and services

  • Management Solution

    Manage all your debtors credit on one platform

businessman-hand-holding-light-bulb-idea-concept-with-innovation-inspiration-idea-finance-accounting-400x420
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Moneyit for Businesses and Money Providers

Partnering with Moneyit is a great opportunity for businesses, banks, and lenders to contribute to the successful transformation and expansion of SMME’s in the South African economy.

Why would you as a business partner with Moneyit

  • Give your suppliers access to cash flow to operate their businesses better and more successful

  • Opportunity to exercise your social responsibility by supporting and helping your suppliers with cash flow support

  • Earn BEE credits without the need for any financial investment or liability

  • Will result in a better and more reliable service delivery from your suppliers due to adequate cash flow to pay for operational expenses

  • Participate and contribute to successful SMME transformation, desperately needed in the SA economy

What is required from a business?

  • Acknowledge the Cession of Debt between Money Provider and SMME

  • Make supplier payments to the Money Provider Collection account

  • Provide Moneyit daily with the electronic file update of the supplier credit balance

  • The above is implemented through a structured onboarding process and in cooperation with the debtor IT department

Please contact us to discuss how you can participate in Moneyit for the benefit of your SMME suppliers.

Why would you as a Money Provider partner with Moneyit

    • Small business growth

      The opportunity to invest in small business growth in SA with a good return

    • Very low risk for funding

      The financial risk is elevated from the SMME to the much bigger and reputable debtor of the SMME

    • Good return on investment

      Interest return is significantly better than traditional banking and financial institutions investments and money market accounts.

    • No administration required

      Moneyit facilitate and execute all financial agreements and documents required between the SMME and the Money Provider through the onboarding process. It calculates and processes all interest and capital repayments. All is managed and administered through the Money Provider Dashboard.

    Get In Touch

    We will be glad to answer your enquiries.

    Office Park, 217 Koorsboom Avenue Unit 5, Geo2 Building, Gleneagles, Kempton Park, 1630

    Tel: +2710 013 0542

    info@moneyit.co.za