Oricred

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Oricred Funding Partners is a finance firm founded in 2022 specialising in purchase order finance and invoice discounting. We service small and medium enterprises (SMEs) who need funding for supply and delivery purchase orders & contracts up to the value of R80 million. Over the past year, we have facilitated over 200 transactions totalling more than R250 million rand demonstrating our commitment to fostering business growth to SMEs which have historically struggled to obtain business finance from the commercial banks with stringent credit assessments. We are backed by asset managers with a team of 15 credit underwriting, legal and deal administration experts working from our Johannesburg office with the aim of providing SMEs with immediate liquidity to satisfy working capital needs which further sustains operations and driving economic development in South Africa.

Company Details

Employees
11
Founded
-
Address
35 Ferguson Road, Corner Melville & Ferguson Road, Illovo, Sandton, 1st Floor,south Africa
Industry
Financial Services
NAICS
Finance and Insurance
Monetary Authorities-Central Bank
HQ
Johannesburg , Gauteng
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