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In addition, franchisees have at their disposal a dedicated marketing team tasked with developing individual marketing strategies, plans and elements to promote the store in their unique community. We believe increased private funding will give XCELSIOR the capacity to serve more clients in more places more often and expanding our loan industry revolution to become South Africa’s top lending company of choice with you on board is where we are headed. It is thus very easy to recover the value of the loan and results in zero risks for the investor. How to Get Funding for a Franchise in South Africa Effective Ways on How to Get Funding For a Franchise in South Africa. Launched in Perth, Australia in 1984, Cash Converters has grown to become the world’s largest cash and asset converter, and provider of short-term loans. With more than 20 years’ experience and extensive network of industry specialists, we are professionals in servicing franchises of all sizes. The following are some of the criteria assessed when awarding a franchise — an owner-operator, previous business experience, a trader/’smous’ mentality, a people person, initiative, motivation, and a sense of humour. Cash Africa provides financial leverage when you need it most. We phone you back after you submit your application and once approved your cash will be in your account before you know it. To become, through professionalism and ethical conduct, the most important independent role player in the South African micro lending industry. This gives franchisees the security of three revenue streams: (1) Buying and retailing: specialising in the buying and selling of quality second-hand household goods, (2) Cash Advance: secured lending against the customer’s valuables (pawnbroking), and (3) PayDay Advance and 1 | 2 | 3: unsecured loans against a customer’s salary. We offer franchise customers a range of market-leading solutions aimed at optimising banking value and reducing operational risks. Luckily for South Africans there is certainly no shortage of quick cash loan providers in the country. Find the best franchise and business opportunities for sale with Franchise Direct, South Africa's leading franchise portal. You won’t find these investment opportunities at any traditional low risk investment methods. Thereafter, franchisees will need to pay setup costs of approximately R200,000, and have access to a working capital of approximately R10,000. A Cash Converters store is divided into two distinct areas — retailing and financial services. Whatever happens in the world, people will always need access to cash — whether they’re selling their belongings, borrowing money or just looking for a great bargain. Companies that provide business loans in South Africa became extremely popular in recent years for two reasons:. A professional team of experts running your business, Exceptional Returns with secure capital growth. Helping you every step of the way. Own. We comply fully with the Consumer Protection Act, National Credit Act, and Second-Hand Goods Act. XCELSIOR is a privately owned, consumer act compliant registered credit provider. Today, Cash Converters is a multi-million-dollar international business with more than 750 stores in 22 countries and the brand is still growing. At XCELSIOR we offer you something unique – low risk and high returns – a guaranteed profit from the first month. Owning a Cash Converters’ franchise is like baking a cake. These days, anyone with a desire to establish a micro cash loan business in South Africa can do so, as long as certain criteria are met. In case you are in need of small loans online, it helps to know that you have a variety of … Launched in Perth, Australia in 1984, Cash Converters has grown to become the world’s largest cash and asset converter, and provider of short-term loans. Discover the latest industry news, videos and franchise information. Cash Crusaders is a respected national franchised brand that fast became part of the South African mainstream retail landscape. Comparing all the loan options available to you in South Africa could cost you endless hours. The traditional lending industry is known for its high returns; unfortunately, it is also equally notorious for its high risk. i want to start a truck business and my main problem is capital. Cash Converters is the leader in the buying and selling of quality pre-owned goods in South Africa and has been since 1994. Cash Converters also provides its franchisees with proprietary software for marketing and reporting as well as analytical purposes, along with a dedicated, ring-fenced full spectrum accounting service. Cash Africa has one main mission. The massive red tape process with most of the mainstream banks. Cash Africa Finance Suite 73 Private Bag X27 Kempton Park 1620 +27 11 083 9880 info@cashafrica.co.za. All assets are kept with us in a safe and secure facility with 24 hour security for the duration of the loan agreement, until the loan and interest has been paid in full. Cash Converters is the leader in the buying and selling of quality pre-owned goods in South Africa and has been since 1994. According to Debonair’s latest franchising documentation, new franchise owners can expect to pay between R800,000 – R1,400,000. Cash loan franchises in South Africa are made possible by the growth in the number of micro lending institutions within the finance sector. Disclaimer: SA Franchise Warehouse is not associated in any manner to any of the brands listed on this website apart from listing details of their respective franchise opportunities. The huge size of the economy translates into diverse windows of investment opportunities. Accounting Practice Franchise; Location: South Africa Description: With over 70 Franchisees in place across South Africa, this Accounting Franchise opportunity has been proven to work successfully. Below are two key ways to increase your chances of qualifying for the business funding you need to improve your cash flow.. Have a good personal and business credit score. Cash Crusaders from R1.96 million. South Africa's Top Ten Franchises These franchises are a pretty safe bet for investors Author: Franchise F inder A while back, we talked about what makes a good franchise.Investing in a credible, established franchise ultimately carries less risk, as you’re banking on an established brand.Unfortunately, though, acquiring good franchises doesn’t come cheap. Head of New Business Development at Nedbank Mark Rose says: “The ever rising mobile penetration across Africa has given rise to lucrative business opportunities within the field of mobile application and internet-based functionality for franchises.” One of these is the area of Franchise. The AMSA Vision. We do not underwrite their viability as a business opportunity nor the quality of the service or products offered by their franchisees. Should the client default on payment of the loan, the asset is quickly sold via our registered associate traders. Having pioneered the transformation of the buying and selling of quality pre-owned goods, Cash Converters offers an exceptional, recession-resilient franchise model with multiple revenue streams that provide franchisees with an opportunity to achieve real wealth. we buy we sell we loan cash. The franchisor charges an ongoing management service fee of 15% of turnover, and a marketing fee of 2%. We are the quickest way to get funding and offer a no red tape service of a lengthy and monotonous paper administration process. To provide affordable, innovative finance solutions. >> Read about starting your own business. Hi my name is Andy, i'm originally from Limpopo but currently in Gauteng,Johannesburg,South Africa. Cash Crusaders first opened its doors in January 1996 in Plumstead, Cape Town. What we offer is a product that will always be in high demand; plus our infrastructure, market insight and focus on customer service create a solid foundation for expansion. With XCELSIOR’s unique business model, however, the risks are as good as zero. The establishment and supervisory management of profitable business opportunities in the form of franchises in the micro and long term financial loan sectors to selected entrepreneurs. Financial Requirements and Info The registration fee is R2000 and a branch fee of R250 … Those operating a franchise business often need funds in order to address the needs of their franchises and the expert funding they can get in this case is called Francine Funding. secures each loan, which never exceeds over 50% of the assets value. 650 and above will be a good score; Have financial statements and management accounts prepared Nandos – This fast food outlet has 900 stores in 24 countries. Your application is done via a quick telephonic assessment. South Africa’s leading business loan providers are ready to approve your loan application. Payday Loans are nothing but small Cash Loans where you can borrow cash up to R2500 to meet short term cash crunch and repay in couple of months. You may or may not have heard of micro-lending – the hottest new trend in global finance that is changing the way people borrow and lend. As a business partner, a minimum investment of R100 000 is required. From major banks like FNB and Nedbank to alternative credit providers like DirectAxis and Cobol - if you need money fast - there's likely someone out there willing to offer it to you. Prior to the opening of a store, the appointed development manager spends a month with the franchisee to assist with setting up the business, stocking the store and recruiting and training staff. Micro-finance constitutes emerging investment opportunities for businesses and individuals alike. There are many investment opportunities out there, make sure you take the time to choose the right one. Funding Loan - option 1Turnover should be R500 000 per year and repayment is 12 Months3 Months Banks statement Management accountsFinancial statements 2. McDonald’s: McDonald’s South Africa estimates the cost of a franchise to be anywhere between R4 million – R6 million, depending on the type of restaurant and other factors. We also sit on the National Association of Franchised Second-Hand Dealers. We believe increased private funding will give XCELSIOR the capacity to serve more clients in more places more often and expanding our loan industry revolution to become South Africa’s top lending company of choice with you on board is where we are headed. For more information, contact our team of advisors today and allow us to take the time to explain our unique and superior business model to you. Any complaints need to be directed to the franchisors directly. With our unique business model, just sit back and watch your money work for you and grow. Applicants are are also expected to have a minimum of 35% of the purchase price of a restaurant in unencumbered, non-borrowed cash. With all the affordable debt consolidation loans available in South Africa, there is no reason why you should be consumed by debt. Greytown, Kzn Midlands. Get a quick, easy loan anywhere in South Africa. Postal Address. With a successful track record of more than 25 years of operation in Southern Africa, and over 30 years globally, the Cash Converters franchise has provided hundreds of entrepreneurially minded people with the infrastructure to become financially independent owners of thriving businesses. In South Africa you will need to abide by the regulations set by the NCA as well as the National Credit Regulator in order to operate a cash loan business in South Africa. South Africa is a healthy and viable investment destination on the African continent. Today it boasts 220 stores located all over the Southern African region from Cape Town to Botswana, Lesotho and Namibia. We are №1 in the South Africa Every day, hundreds of consumers trust us with their financial decisions. Our pioneering business model takes advantage of the mainstream lending industry’s shortcomings, making us a preferred credit provider. XCELSIOR has broken away from the traditional money-lending system and created a new business model that requires security that is physically retained until the loan is repaid. Cobol. Therefore these financial institutions follows the franchisor’s requirement meaning you need to contribute 50% cash to the setup cost of the franchise, and the financial institution will assess financing the other 50% of the setup cost. 4. Cash Converters Training Academy has developed a comprehensive training programme for franchisees and their staff. Dream Nails Entirely funded by private equity, we offer a superior business investment opportunity with absolutely NO risk and NO monthly overheads. There are a number of these brands worth mentioning in this regard. The appropriately qualified Franchisor has developed a complete... More details » Financials: Cash Converters Southern Africa (Pty) Ltd has been a full member of the Franchise Association of South Africa (FASA) since 1995. Collateral in the form of moveable assets such as cars, boats, trucks etc. Partner, a minimum of 35 % of turnover, and have access to a capital... A cash Converters is the leader in the form of moveable assets such as,. Is Andy, i 'm originally from Limpopo but currently in Gauteng, Johannesburg, South Africa cost... African region from Cape Town reputation in South Africa Effective Ways on how get. Healthy and viable investment destination on the National Association of Franchised Second-Hand Dealers Converters store divided! 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