Is 5klippa a registered entity?

Yes, we are registered with Companies and Intellectual Property Commission (CIPC) our registration number is 2019/538549/07.

What is a Purchase Order Finance?

Purchase Order Finance is available to entrepreneurs and small businesses who have received a purchase order from reputable entity to supply goods and or services.

How does Purchase Order Financing work?

  1. Apply

    Fill in your personal details including name, surname, ID, contactable telephone, email, residential and postal address details

    Fill in your business details and upload your CIPC registration documents, company director ID copies, CSD Registration Summary Report, Bank Account Confirmation Letter and SARS Tax clearance PIN number.

    Fill in your loan details and upload your supplier invoices and purchase order.

  2. Approval & Payment

    Once we have successfully verified the information you provided and the loan has been approved, we'll notify you and we'll pay your suppliers within 24 hours and provide you with proof(s) of payment.

  3. Collect & Deliver

    You can now collect and deliver on your Purchase Order commitment.

  4. Repayment

    Your customer settles with you and you settle with us.

How long does it take to get finance?

Upon submitting the application form with all required supporting documents are provided, it will take 1 day.

How much can I borrow?

We offer loans from R10 00.00 to R300 000.00.

When is the loan payable?

The loans are 45 days long or till the next payment day, which ever one comes first.

How much interest do you charge?

We negotiate the rate based on the amount required, the repayment term and who your customer is.

What documents will be given to me and how?

Upon approval, we will send you a pre agreement quote to sign and accept, followed by the credit agreement that you must sign. We will send all documents via email.

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Not sure if it's legit?

 

Report suspicious SMS's, emails or people offering loans on our behalf.
Call 064 536 6705, or email legit@5klippa.com.

About us

 

Our vision is to transform society through the provision of short term loans to carry you till next payday by providing short term loans digitally from the cradle to grave. We embrace the 4IR and provide frictionless services.

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