CapX, Business Finance Providers
Business or financial capital is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based. Financial capital can also be in the form of purchasable items such as computers or books that can contribute directly or indirectly to obtaining various other types of capital.This capital is needed in sectors such as retail, corporate, investment banking, etc. Start ups in particular are in desperate need of this capital to get a strong start in the business. One institution making a difference in this regard is CapX.
Established in 1999, CapX is focused primarily on providing shorter term finance to SMEs and property owners through several financial products. Represented by a vast network of franchisees, independent agents and associates all over South Africa and Namibia, this firm takes pride in being experienced alternative financiers who all share a passion for business, people and finance and supported by state of the art technology which allows for quick and efficient service. CapX Finance offers finance products to small and medium-sized businesses (SMEs) in a variety of industries.This finance is divided into property finance and business finance.
Property finance is funding against the security of unbonded fixed property.This finance is therefore for a business with a temporary cash flow shortage.This firm may provide a cash injection into your business, allow you to expand your business or to pursue a new business venture.To qualify, the property must be unbonded, the property must be worth at least R625,000, the loan period varies from between 6 to 12 months and the loan amount varies from R250,000 to R10 million.
Business finance is quick credit which takes into account factors such as cash flow, payment options,tax, accounting, law, etc. As security, CapX accepts a bond on fixed property.The focus is on the security offered and less on the application of the funds.
CapX can be contacted on 0861900301 and trained consultants will be on hand to assist you.