Invoice discounting allows businesses to use their accounts receivable as collateral to secure a line of credit, unlocking cash tied up in invoices.

The directors are Kamil Patel and Chris DuToit. Chris DuToit co-founded Custom Capital Finance and has extensive experience in the rental finance sector. He contributes to the success of 4Tek Finance by ensuring its national presence. Kamil Patel has a proven track record in the rental industry, having served as the executive chairman of Rentworks and the CEO of a leasing company in Mauritius.

4Tek Finance operates as a Business-to-Business (B2B) company. We specialize in providing financial solutions and rental services to other businesses, helping them acquire and manage the equipment and technology they need to succeed.

Yes, 4Tek Finance has established a national presence across South Africa.

Software funding helps clients spread payments for software licenses and implementation over 36 months, easing financial strain while vendors and implementers receive upfront payment.

The IT equipment rental package includes supplier warranties, comprehensive hardware support, and warranties, with a 36-month rental term ensuring access to the latest technology.

Asset-based lending provides businesses with flexible and tailored financial solutions by using their assets as collateral.

4Tek Finance offers asset-backed lending, invoice discounting, and software funding.

Benefits include the freedom to choose preferred brands, models, and suppliers, cost-effective solutions due to the residual value model, predictable payment schedules, no need for cash outlay on depreciating assets, increased purchasing power, and all-inclusive rental costs.

4Tek Finance is a financial solutions provider specializing in asset-based lending, rental finance options, software funding, and invoice discounting.

The pro rata rental fee is a charge for the rental amount covering the specific days between the delivery date and the next payment date (typically the 1st of the following quarter). It ensures fair and accurate billing by only charging for the actual duration of the rental.

The Master Rental Agreement serves as the foundation for the ongoing business relationship, outlining the general terms and conditions that govern all future rental services with RentworX.

RentworX will collect rental payments quarterly on the following dates: the 1st of March, the 1st of June, the 1st of September, and the 1st of December.

The first invoice will include one quarter advance rental (deducted from the final quarterly payment), a 1% administration fee, and a pro rata rental fee covering the specific days between the delivery date and the next payment date.

The required documents include: Copy of Certificate of Incorporation Business Registration Documents VAT Registration Certificate Resolution by the Board of Directors to enter into rental Letter from the board authorizing the signatories. Proof of Address (utility bill) issued within the past three months Certified true copy of the ID Card of the Applicant/Director Proof of Address of the Applicant/Director Latest Financial Statements and management accounts Last three months' Bank Statements

Rental payments are collected via debit order. The debit order instruction needs to be set up before the delivery of the equipment to ensure a smooth and timely payment process.

For subsequent rentals, only a new Schedule B needs to be signed. The Schedule B will detail the specific terms for each rental, such as equipment type, rental duration, pricing, and other pertinent information.

The financial statements and bank statements are required to facilitate the preparation of the rental agreement by verifying the financial stability and credibility of the applicant.

To add a new FAQ follow these steps: 1. Manage FAQs from your site dashboard or in the Editor 2. Add a new question & answer 3. Assign your FAQ to a category 4. Save and publish. You can always come back and edit your FAQs.

You can edit the title from the FAQ 'Settings' tab in the Editor. To remove the title from your mobile app go to the 'Site & App' tab in your Owner's app and customize.

Yes. To add media follow these steps: 1. Manage FAQs from your site dashboard or in the Editor 2. Create a new FAQ or edit an existing one 3. From the answer text box click on the video, image or GIF icon 4. Add media from your library and save.

FAQs are a great way to help site visitors find quick answers to common questions about your business and create a better navigation experience.

An FAQ section can be used to quickly answer common questions about your business like "Where do you ship to?", "What are your opening hours?", or "How can I book a service?".

FAQs can be added to any page on your site or to your Wix mobile app, giving access to members on the go.