Bright On provides fast, simple, flexible and transparent access to cash-flow
financing.
Our application process is simple; apply for a facility, submit the required financial information
and
await for your facility to be pre-approved within 48 hours.
Once the facility has been initiated, you can access funds online within 4 hours on a recurring
basis
from your pre-approved loan (credit) facility.
To ensure repayment of our loans, Bright On Capital requires our SME clients to
establish a Nedbank Debtor Clearing Account in the business’ name, and cede the
administration of the account to Bright On Capital at no additional cost.
1Our clients will be required to provide the Clearing
Account details to their relevant key customers, into which all subsequent
invoices shall be paid
2Invoice loans will be disbursed into the business’s
existing transactional account.
3PO loans shall be disbursed into the Clearing Account
from which Bright On Capital shall administer the release of the relevant
supplier payments upon the SME’s instruction.
4Nedbank will prepare monthly bank statements for your
business providing you with complete transparency on the activity in your
account.
Purchase Order Finance (Supply and Deliver)
Bright On provides fast, simple, flexible and transparent access to cash-flow
financing.
Our application process is simple; apply for a facility, submit the required financial information
and
await for your facility to be pre-approved within 48 hours.
Once the facility has been initiated, you can access funds online within 4 hours on a recurring
basis
from your pre-approved loan (credit) facility.
1Submit your quote, purchase order, and Pro-forma invoice
and supplier quotes
2You will review and accept our loan offer
3 We will validate your purchase order(s), and supplier
quotes
4You will need to digitally sign our loan agreement
5 Within 24 hours, we will disburse your loan into your
clearing account from which we will administer the release of your relevant
supplier payments upon your instruction
To ensure repayment of our loans, Bright On Capital requires our SME clients to
establish a Nedbank Debtor Clearing Account in the business’ name, and cede the
administration of the account to Bright On Capital at no additional cost.
1 Our clients will be required to provide the Clearing
Account details to their relevant key customers, into which all subsequent
invoices shall be paid
2 Invoice loans will be disbursed into the business’s
existing transactional account.
3PO loans shall be disbursed into the Clearing Account
from which Bright On Capital shall administer the release of the relevant
supplier payments upon the SME’s instruction.
4Nedbank will prepare monthly bank statements for your
business providing you with complete transparency on the activity in your
account.
Purchase Order Finance (Manufacture and Assembly)
Bright On provides fast, simple, flexible and transparent access to cash-flow
financing.
Our application process is simple; apply for a facility, submit the required financial information
and
await for your facility to be pre-approved within 48 hours.
Once the facility has been initiated, you can access funds online within 4 hours on a recurring
basis
from your pre-approved loan (credit) facility.
1Submit your quote, purchase order, and Pro-forma invoice
and supplier quotes
2You will review and accept our loan offer
3 We will validate your purchase order(s), and supplier
quotes
4You will need to digitally sign our loan agreement
5Within 24 hours, we will disburse your loan into your
clearing account from which we will administer the release of your relevant
supplier payments upon your instruction
To ensure repayment of our loans, Bright On Capital requires our SME clients to
establish a Nedbank Debtor Clearing Account in the business’ name, and cede the
administration of the account to Bright On Capital at no additional cost.
1Our clients will be required to provide the Clearing
Account details to their relevant key customers, into which all subsequent
invoices shall be paid
2Invoice loans will be disbursed into the business’s
existing transactional account.
3 PO loans shall be disbursed into the Clearing Account
from which Bright On Capital shall administer the release of the relevant
supplier payments upon the SME’s instruction.
4Nedbank will prepare monthly bank statements for your
business providing you with complete transparency on the activity in your
account.
Contract Finance
Bright On provides fast, simple, flexible and transparent access to cash-flow
financing.
Our application process is simple; apply for a facility, submit the required financial information
and
await for your facility to be pre-approved within 48 hours.
Once the facility has been initiated, you can access funds online within 4 hours on a recurring
basis
from your pre-approved loan (credit) facility.
Submit your contract, purchase-orders, project budget (forecast), bills of
quantities, supplier quotes and pro-forma invoice(s)
1You will review and accept our loan offer (term sheet)
2 We will validate your contract, purchase-orders, and
supplier quotes, and review your project forecast and bills of quantities
3You will need to digitally sign our loan agreement.
4 Within 5-days, we will disburse all or part of your loan
into your clearing account from which we will, on a monthly basis, administer
the release of your relevant supplier payments upon your instruction.
To ensure repayment of our loans, Bright On Capital requires our SME clients to
establish a Nedbank Debtor Clearing Account in the business’ name, and cede the
administration of the account to Bright On Capital at no additional cost.
1Our clients will be required to provide the Clearing
Account details to their relevant key customers, into which all subsequent
invoices shall be paid
2Invoice loans will be disbursed into the business’s
existing transactional account.
3PO loans shall be disbursed into the Clearing Account
from which Bright On Capital shall administer the release of the relevant
supplier payments upon the SME’s instruction.
4Nedbank will prepare monthly bank statements for your
business providing you with complete transparency on the activity in your
account.
