Advance Global Capital provides Credit Facility to support Leadfund Working Capital's expansion

Advance Global Capital, acting on behalf of the Global SME Growth Fund LLimited Partnership, has provided a cross-border convertible borrowing base revolving credit facility to Leadfund Working Capital Solutions. The financing is structured to convert into a term loan overtime, providing flexible funding to support Leadfund's invoice discounting business and expansion across South Africa.

Designed around the borrower's receivables, the facility enhances working capital while balancing cashflow flexibility with prudent risk management. The transaction reflects the increasing use of innovative asset-backed financing solutions to improve access to capital for small and medium-sized enterprises, supporting business growth and strengthening the availability of alternative funding across South Africa's financial services sector.

Advisory Team:

DENEYS

Izak Lessing

Adrienne Hendricks