Kenote Finance is a leading finance institution in South Africa established in 2016. The group offers ethical and innovative credit solutions to SMME’s and entrepreneurs.
We are a company that supports entrepreneurs with Funding for Purchase Orders. Getting into business with us is convenient and our application approvals take two working days. Our deliveries are done within a week.
Below are 6 easy steps to follow:
1. Primary Documents
Primary Documents required:
Completed Application Form (which is available on our website for download), Valid Purchase Order, Request for Quotation or Specification and lastly the Quotation from your Supplier.
2. Project Proposal
Upon acceptance of our Project Proposal, kindly take note that our office will immediately contact your Purchase Order Issuer to validate the Purchase Order.
3. Valid FICA Documents
Documents required upon acceptance of the Project Proposal
Agreements, Regulated Bank Account and Credit Vetting
The procedure is as follows:
5. Supplier Payment and Deliveries
After obtaining the project documents from the Operations Coordinator, there must be supplier vetting and request of the Directors’ certified copies of ID.
We then do CIPC checks of the supplier. We then confirm the end-user and buyer contact details. Obtain the signed Supplier Agreement.
Then we schedule, present and prepare delivery notes and invoice, stamped and signed by the authorised individual. Upon receipt of all requested confirmation, supplier payment will be processed.
Purchase Order Payment Distribution
Upon receipt and clearing of the Purchase Oder payment from the Purchase Order Issuer, the vendor’s share of profit will then be paid into the vendor’s company bank account within 24 working hours.
Kenote Finance (Pty) Ltd.
Mellis Court, Imagine House,
2nd Floor, 2 Mellis Road, Rivonia
Tel: 011 202 5306
Email: [email protected]