Sourcefin

Sourcefin

Financial Services

Johannesburg, Gauteng 9,977 followers

Empowering South African SMMEs with accessible Purchasing Order Funding and Invoice Discounting🇿🇦

About us

Sourcefin is a leading tender and purchase order funding specialist, dedicated to empowering South African entrepreneurs and businesses with a comprehensive suite of financial services. Our expertise encompasses PO funding, tender finance, and invoice discounting, ensuring that your business has the capital it needs to thrive. We excel in providing tailored financing solutions for purchase orders and tenders, allowing you to focus on growing your business. Our services include sourcing goods from our extensive network of trusted suppliers, managing all logistics, and offering expert guidance throughout the entire process. Whether you need immediate funds to fulfil a large order or support to meet the requirements of a significant tender, Sourcefin is here to help. Our purchase order finance solutions are designed to help businesses manage cash flow effectively, enabling you to take on larger projects without the worry of financial strain. With PO finance, you can cover the costs of production and delivery before receiving payment from your customers, ensuring smooth operations and timely fulfilment. Tender finance is another key area of our expertise. We understand the complexities and demands of securing and delivering on government and large corporate contracts. Our tender funding services provide the necessary capital to meet tender requirements, covering everything from supplier payments to project execution costs. This allows you to focus on delivering high-quality results without financial hurdles. In addition to PO funding and tender finance, we offer invoice discounting services. Invoice discounting helps you unlock the cash tied up in unpaid invoices, providing you with immediate working capital. This service is crucial for maintaining a healthy cash flow, enabling you to reinvest in your business and continue growing without delays.

Website
https://www.sourcefin.co.za
Industry
Financial Services
Company size
11-50 employees
Headquarters
Johannesburg, Gauteng
Type
Privately Held
Founded
2020
Specialties
credit and sourcing

Locations

Employees at Sourcefin

Updates

  • View organization page for Sourcefin, graphic

    9,977 followers

    📢 Major Milestone: Futuregrowth Invests R150m in Sourcefin  We’re excited to announce a R150 million investment from Futuregrowth Asset Management, facilitated through their High Growth Developmental Equity Fund (HGDEF). This strategic partnership underscores the confidence Futuregrowth has in our unique, technology-driven approach to addressing the R300 billion gap in SMME financing. By combining purchase order funding, invoice discounting, and supply chain management, we offer a holistic solution that empowers South African businesses to succeed in a highly competitive landscape. Taking an open-minded approach, we offer our clients so much more than just funding. 🔍 Why does this matter?  1️⃣ The SMME sector contributes 30%+ of South Africa’s GDP but remains underserved.  2️⃣ Our platform ensures end-to-end project support for clients, enabling tender fulfilment and operational efficiency – we have delivered 100% on all deals we have funded.  3️⃣ Over 90% of our client base includes black-owned, women-owned, youth-owned, and rural businesses, ensuring equitable economic participation.  This investment allows us to scale operations, expand technology, and drive greater impact for our clients. If you’re a strategic partner looking to make a difference in South Africa’s economic landscape, we’d love to collaborate. 👉 Read our full blog post for more details: https://lnkd.in/dbVpiRfa  Sourcefin team: Avi Mishan Marom Mishan Joshua Kadish Jedd Harris Jordan Hertz Futuregrowth team: Amrishsingh Narrandes Brian Masondo Muhammad Fareez Davids Makungu Maluleke #SMMEFinancing #PrivateEquity #Futuregrowth #Sourcefin #StrategicPartnerships

  • #THROWBACKTHURSDAY to our clients year-end function last week at Balwin Properties’ Penthouse in Munyaka in Johannesburg 🤩🥃 We used this time to reflect on and celebrate our remarkable year of growth and impact. We want to thank all our clients and partners—together, we’ve partnered to enable the forgotten South African SMME 🇿🇦 Here’s to keeping the momentum going in 2025 🥂 #sourcefin #yearendfunction #purchaseorderfunding #fundingsolutions

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  • Exciting news! 🤩 We are proud to announce the flighting of our first billboard, perfectly located near our offices, just off the M1N on Corlett Drive 🛣️ We celebrate this milestone as a beacon of hope and opportunity for SMMEs. From purchase order funding to invoice discounting, Sourcefin is here to help businesses deliver their promises and make South Africa a better place, one deal at a time 🇿🇦 #sourcefin #purchaseorderfunding #invoicediscounting #smesouthafrica #businessfunding #billboardadvertising

  • View organization page for Sourcefin, graphic

    9,977 followers

    Sticky notes, collaborative planning and no phones! 📵 Today, we had our first “Strategic Thinktank”! The team spent the day reflecting, collaborating and strategising to enable more South African SMMEs in the year ahead 🤩 Every voice present today brought bold ideas that are bound to strengthen existing relationships, build new ones and make South Africa better - one purchase order, one invoice, one deal at a time 🇿🇦 #sourcefin #sourcefinteam #2025planning

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  • ‘Smooth and transparent.’ That’s what our client had to say about the Sourcefin experience! 🤩 When it comes to Purchase Order Funding, we know how critical it is to have a partner you can trust. From the moment you get in touch, our team ensures a seamless, professional process tailored to each SMME we partner with. We take every order seriously because we know it’s more than just funding—it’s about helping your business deliver on its promises. We’re honoured to be highly recommended by our clients and proud to be their trusted partner in growth. Do you have a purchase order and are ready to experience the Sourcefin difference? Apply today: https://lnkd.in/eUk3c6xg 💼💪 #POFunding #BusinessGrowth #Sourcefin #SMMEfunding #SourcefinDifference

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  • View organization page for Sourcefin, graphic

    9,977 followers

    Last week, the Sourcefin team had the privilege of attending the opening night of the Pieces of Our Dream exhibition at Keyes Art Mile in Rosebank! 🎨✨ This inspiring exhibit will be open until 14 November, where young artists and children's visions and ambitions will be showcased through art. Run by two organisations we've worked closely with, Ojiji and Little Artists, this initiative aims to bring art, dreams, empowerment, and purpose together🤩 The children’s voices are present in every stroke, every colour, and every piece on display—an uplifting reminder that, no matter the background, everyone has a voice worth hearing and a dream worth pursuing. We’re honoured to sponsor this project that nurtures creativity and empowers the next generation. #SourcefinCares #EmpowerThroughArt #SouthAfricanArtists

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  • 📌OpenTenderTuesday: With Sourcefin’s purchase order financing, South African SMMEs can access the capital needed to fulfil larger contracts, enabling them to scale up and take on bigger projects with confidence💼 Sourcefin empowers SMMEs to bid for and take on high-impact contracts and provides funding to cover the costs needed to meet contract requirements so businesses can focus on growth, not cash flow constraints 💰 Here are some open tenders SMMEs can apply for: 📃City of Cape Town Tender: https://lnkd.in/dPYn-T8r 📃Department of Defence Tenders: https://lnkd.in/d7RgUqXi https://lnkd.in/dDcw69Je 📃ESKOM Tender: https://lnkd.in/dGPPVnp4 P.S. If you need a letter of support to include in your bid, drop us a message 😉 #sourcefin #POfunding #businessgrowth #SMMEEmpowerment #tenders

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  • Art has the power to inspire! 🎨 Sourcefin is one of the proud sponsors of the Pieces of Our Dream art exhibition, organised by Ojiji and Little Artists. The exhibition runs from 1 November - 14 November in Rosebank📍. Pieces of Our Dream is more than an ordinary exhibition; it is a social movement aimed at uplifting the lives of children through art. The movement validates the fact that every child’s dream is valid and worth nurturing. Join us in supporting these creative future artists as they share their beautiful visions. #sourcefincares #outreachandcommunity #CSR

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  • Today the Sourcefin team, in collaboration with the Northern Cape Department of Economic Development and Tourism, officially introduced our financial solutions to the SMMEs in Kimberley✈️ Almost 100 entrepreneurs/SMMEs attended - eager to learn about what we have to offer 🤩 We are more than excited to enable more SMMEs through our end-to-end purchase order funding and invoice discounting services. Visit our website to see how we can partner: 🔗https://lnkd.in/dUN4YbJr

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Similar pages

Funding

Sourcefin 1 total round

Last Round

Private equity

US$ 8.3M

See more info on crunchbase