For many
years (since 1999) the director and management of AVC fin™ were involved in
developing strategic business plans, operational business plans and general
strategic development of businesses. This process was normally followed by
hunting for appropriate funding from financial institutions or supporting our
clients to do just that.
During these
years, we discovered that it is all about proper communication. Often, what
people verbalised in their business plans did not agree or comply with what
they attempted to say in their financial statements or projections and hence we
fine-tuned our approach even further.
In 2019, we
added exclusive, registered, B2B financing to our portfolio and this
avenue proved to be exactly what our clients required, particularly due to the
huge negative impact that failing financial institutions had on the South
African economy. To this effect our presence in the agricultural sector allowed
us to serve both farmers and input suppliers effectively.
As
any good entrepreneurial venture, we started with one supplier with a
transaction limit of R1,500,000 per company, which allowed us to assist a
number of SMEs in terms of cash flows, which most have been increased to
R3,000,000 and some to R5,000,000.
Today we
have 17 local, registered credit providers and can assist with funds ranging
from R100 000 to R30,000,000 in terms of cash flow, business growth
finance, trade finance and asset finance. In terms of our international
financial models, we can accommodate loans of up to USD150,000,000.
As
much as AVC fin™ is a duly registered company in South Africa, we assist with
B2B finance in most of the world