Kenote Finance


Location : Rivonia, Sandton, South Africa
Website: Visit Website

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.

 

 

Purchase Order Funding

 

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

 

Company:

  • Must furnish the Company Registration (CK1 for a CC and 14.3 for a (Pty) Ltd)
  • Original Tax Clearance Certificate.
  • Original or certified copies of the business address.
  • Must furnish BEEE Certificate.
  • Business Bank account letter.

 

Vendor:

  • Must furnish the Original or certified CK Document (CK1 for a CC/14.3 for a (Pty) Ltd)
  • Must furnish certified ID copies of the Directors.
  • Original Tax Clearance Certificate.
  • Original or certified copies of all Directors' proof of residence.
  • Furnish certified ID copy and contact details of next of kin not living with one of the Directors.
  • Signed Resolution giving one Director authority to sign documents with Kenote Finance.
  • Original or certified copies of the business address.
  • Must furnish BEEE Certificate.

4. Agreements

Agreements, Regulated Bank Account and Credit Vetting

 

The procedure is as follows:

  • Signing of the agreements
  • Opening of the Bank account under the name of your company
  • Loading of the new Banking details on your profile at the Purchase Order Issuer and on the Supplier’s Database.

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.


6. Distribution

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.


 

How to Apply

Apply Online here

 

Contact Us

Head Office:

Kenote Finance (Pty) Ltd.
Mellis Court, Imagine House,
2nd Floor, 2 Mellis Road, Rivonia

 

Tel: 011 202 5306
Email[email protected]


For more visit Our Website