Investmint is a South African-based crowdfunding platform committed to accelerating the growth of the small-to-medium enterprise (SME) sector by connecting growing South African SMEs with investors seeking to expand their capital. Currently, there is a huge demand for funding for small businesses in South Africa, and since Investmint’s inception, it has been responsible for facilitating over R50 million in financing across more than 850 projects.

The platform itself has a straightforward and user-friendly interface, which expedites the process of securing funding for businesses, and simplifies the task of browsing proposals and locating projects that investors want to fund. Another unique function the platform offers is the referral program, which allows people with a strong network of business owners to turn their network into revenue.

Investmint ensures that all proposals on its platform consider the repayment history and quality of accounting of prospective borrowers before granting approval to list. This practice adds credibility to the proposals approved on the platform and this safeguards Investmint, prospective buyers, and sellers.

Project Financing and Invoice Factoring are two distinct financing methods used by companies to meet their cash flow requirements. With Project Financing, the loan seeker provides Investmint with a contract or purchase order for financing, which is made available on the platform for investors to provide the required capital. Investors can use essential information such as the borrower’s repayment history and an ROI calculator to determine the project’s value and decide whether to fund it partially or entirely. Once the investor commits to funding the project, the borrower receives the required funding, and the investor earns monthly interest on the amount they funded.

Invoice Factoring enables small businesses to obtain instant cash flow by selling their unpaid invoices to buyers at a discount, with buyers paying close to 85% of the invoice’s value to initiate the purchase. The remaining 15% is paid once the invoice is settled, less a 4% fee split between the buyer and Investmint, providing buyers with up to a 2.49% return on investment while generating significant cash flow for the seller without impacting their credit score.