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Invoice Discounting

Where you supply products and/or services to institutions who pay on terms (i.e. after 30, 60 or 90 days), working capital can become a challenge. Invoice discounting enables you to get a percentage (usually 75%-90%) of invoice value advanced to you, so that you are able to continue production /  servicing without being hamstrung by having to wait until the payment comes through. General guidelines for obtaining invoice discounting are:

  1. Your customer should be a reputable large corporation or organisation based in Zimbabwe.
  2. They must be willing to confirm amount they owe, and to cede the invoice to the financier.

To obtain invoice discounting, you will need to present to us the following documents for preliminary processing:

  1. Confirmed order, and invoice that you made out, together with delivery note (proof of receipt of delivery) from your customer.
  2. Confirmation of satisfactory delivery to client, as well as terms given.

After processing and identification of a suitable financier for your order, we will also require the following:

  1. Letter of undertaking from the corporate/organisation to remit funds direct to the financier, or your bank account with them.
  2. You may be requested to open a bank account with the financial institution providing the funding.

The SMEAZ SACCOS offers invoice discounting for its members.

MicroFinance Institutions offering order finance are listed on our Business Directory. Click here to see the available products.

The following Affiliate Members of the Association also offer invoice discounting facilities:

To access invoice discounting facilities, you can contact the relevant institutions directly, or you can contact your Member Consultant or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call 08644 098517 for assistance in securing the funding. Note that in order for us to assist you, you will need to be a paid-up member of the Association.

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SME Association of Zimbabwe

Growing start-up, small and medium sized enterprises into large corporations

Our mandate is to help start-ups, small and medium-sized businesses to grow into large corporations. We also work with large corporations, development agencies & partners, and other organisations interested in working with SMEs (affiliates).