Chapter 1 — the setup
Friday morning. Payroll is due.
Sarah Mthethwa runs MJ Construction Supplies. Payroll is R 420,000, due today. Seven approved invoices sit unpaid across her major buyers — the cash exists, just not in her account yet.
app.paymenow.business/supplier
Good morning, Sarah
Friday, 14 March • Payroll due today
Available to discount
R 4.29m
Disbursed last 30d
R 2.15m
+18%
Avg cost of capital
2.4%
blended
Avg time to cash
14 sec
from accept
Approved invoices
Buyer-approved invoices available for early payment
Sasol
INV-2049
R 612,500
due in 30 days
Buyer approvedDiscount available
Boxer
INV-2048
R 284,300
due in 22 days
Buyer approvedDiscount available
Anglo American
INV-2047
R 1,146,000
due in 45 days
Buyer approvedDiscount available
Pick n Pay
INV-2046
R 198,750
due in 18 days
Buyer approvedDiscount available
BHP Billiton
INV-2045
R 874,000
due in 38 days
Buyer approvedDiscount available
Woolworths
INV-2044
R 312,400
due in 14 days
Buyer approvedDiscount available
Sasol
INV-2043
R 461,900
due in 27 days
Buyer approvedDiscount available