Invoice finance and factoring in South Africa.

You send an invoice to a business customer on 30-, 60- or 90-day terms. The lender advances you 80–90% of the invoice value immediately and settles up (minus their fee) once the customer pays. Costs scale with how long collection takes. Works on individual invoices (selective) or against a whole debtors book (factoring or discounting).

It tends to fit when you invoice other businesses (not consumers) and wait 30+ days to get paid; your customers are creditworthy — the lender’s risk is on them, not you; you’d rather not take on a term loan just because of slow-paying clients.

Speeds vary by lender, from same day to a few weeks. Each lender above shows its typical speed; your own application can move faster or slower depending on the documents you have ready.

Yes, by the time you’re funded. Every lender on Frank’s panel requires the business to be registered in South Africa, but you can register with CIPC while you apply, so Frank still shows you your matches. Each lender also sets its own minimum trading history.

No. You are never charged for using Frank. If you are funded, the lender pays Frank a referral fee. The fee is the same whichever lender you choose, so it never changes the rate or terms you are offered.

No. Frank is not a registered financial services provider and does not give financial advice as defined in the FAIS Act. It explains funding products and introduces you to lenders; any credit agreement is directly between you and the lender.