Bright On Capital

Lead Distribution
21st ,October, 2022


Bright on Capital is a black-owned online lender that provides working capital funding of up to R1-million to small and emerging business owners.

The application criteria include small businesses that have been trading for a minimum of 12 months long, and to supply to credit-worthy corporates or public entities.

You can either apply for purchase order (PO) funding to Supply and Deliver or for Manufacture and Assembly. Your funding facility can be pre-approved within 24 hours.

Once your application is approved, you can get access to 70% of the value of your purchase order – all within 24 hours. You will be able to access and view your clearing account transactions online and it’s available 24/7.


  • Type of funding – Revolving working capital, which includes PO Finance for Supply and Deliver, or PO Finance for Manufacture and Assembly.
  • Qualifying criteria – The business must have generated at least R500 000 in revenue over the past 12 months with a trading history of a minimum of 12 months. Businesses should also have a track record of supplying goods and services to medium and large corporate or other public sector entities.
  • Repayment Terms – Based on how big your purchase order is and the duration of the project is, the lender will request amounts for interest payable, fees payable and the residual payable. The maximum duration for the project can be 90 days long. The loan will be paid back when your client pays your invoices.
  • Application process – To apply online you are required to provide information such as your name, company name, ID number. Bright on Capital’s credit committee may request additional information from you, including your required documentation, and your business’s financial position and operations will be looked at as well. Documentation needed are 6-month bank statements for all business bank accounts (12 months if not VAT registered); latest debtors age analysis: latest invoice(s) payable by your key customers (if no debtors age analyses available); latest creditors age analysis: Latest invoice(s) payable to key your suppliers (if no creditors age analysis available); any contract(s) issued by key customers (if available); latest 12-months VAT returns (only if VAT registered); and SARS tax compliance document: Reflecting a valid (issued) pin.


An online calculator is available to tell you the interest payable, the fees payable, and the residual payable. You provide how much the purchase order amount is, as well as the loan duration to calculate your rate.


There are low minimum financing requirements and the application process is quick.


Small businesses that have generated a revenue of less than R500,000 per annum will not be able to apply.

Brand Features

  • Up to R1-million funding
  • Access up to 70% of PO value
  • Loan duration up to 90 days
  • Get finance costs upfront
  • Pre-approved loan access within 24 hrs


Finding the right purchases for your small business is time consuming, so looked at the list of options to come up with the following recommendations.

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