Profitshare Partners

Profitshare Partners was founded in 2017 by ex-banker and entrepreneur, Andrew Maren. Granting funding through Fintech, they’ve enabled small businesses that could previously not get funding, access to credit.

Profitshare Partners is proud to say that they have a 0% performance failure rate. Client reports speak of a 1,000% turnover increase in only one year with the funding needed to take on work they would otherwise not be able to.

Believing in small business

They believe that every great story begins small and take pride in supporting small businesses and entrepreneurs. Small business is what drives the economy and Profitshare Partners are determined to enable these businesses to reach great heights.

Changing the way financing works

Profitshare Partners started with a vision to change the way traditional financing works. With the funding process they use, you can access the cash you need without the usual requirements. The application process is done entirely online. This enables you to access business funding fast.

Typical application requirements demand:

• Financials
• Security
• Track record  

The finance solution that turns possibilities into realities

The biggest obstacle in small business is having funds available immediately for purchase orders or contracts, often resulting in the loss of big business. Profitshare Partners provides business loans that allow you to secure the business opportunities you would otherwise not be able to.

Profitshare Partners’ business values

• The philosophy is to assist your business to grow and become successful by offering you the credit you need to make that happen.
• The purpose of Profitshare Partners is to change the way business loans work to make it possible for you to access credit and make your businesses grow.

The reason behind their success

Profitshare Partners is a successful lender and has granted more than R450 million in business loans. The reason for their success comes down to three main points, namely:

• Track record
• Extensive experience in the industry
• Resources available.

Profitshare Partners understands every aspect of business and they’ve created a company that can assist entrepreneurs and small businesses comprehensively.

Their website is meticulously organised to showcase every service they offer.

Find what you need at Profitshare Partners

When navigating to their website, you’ll find everything you need. There’s a variety of business solutions to choose from and these include:

• Purchase order finance
• Contract finance
• Invoice purchasing
• Import finance
• Short-term asset finance
• Production and manufacturing finance

How does financing from Profitshare Partners work?

Seeing that Profitshare Partners are not a bank, financial institution, financial service provider, or credit provider, you may ask how they’re able to assist financially.

The financing model used is a joint idea between venture capital and private equity. They aim to provide small businesses and entrepreneurs with the financial assistance they need to succeed. By sharing in the profit made, they assist you to build a sustainable business.

This ultimately enables you to reach a financial point where you can access a business loan from a bank, or ideally, not need financing again.

Contract financing to help you succeed

Contract financing is available to small businesses that have valid contracts, whether in the public or private sector, with credible entities. This financing option offers you between R250,000 and R5 million and has an approval time of between 24 and 48 hours.

This finance option is flexible and enables you to pay your suppliers and complete a project while you’re waiting on payment from your customer.

Repaying your Profitshare Partners loan

All Profitshare Partners’ credit options have the same repayment terms. As their name suggests, they ultimately share in your profit. As soon as a job is done and you receive payment, the capital loan amount and agreed-upon amount of the profit is paid over.