Company officials report that it is costly for SME’s to assess their eligibility for finance, so they have been neglected by traditional lenders. Payabill comes with a digital offering, where clients choose how often they wish to make payment and over what period.
Payabill has partnered with the Sasfin Forex division to develop the offering, which allows a business to settle with an international supplier and to negotiate suitable terms of up to 90 days, also accepting pro forma invoices for immediate settlement.
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