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Mutualism

Table of Contents
Introduction

Mutualism is a South African platform designed to help entrepreneurs and small business owners in townships access funding. The platform has made a significant impact on South Africa’s SME landscape, with over R10 million invested in SMEs to date.

The organisation’s platform has facilitated over R100 million in deals sourced for funders, contributing to the creation and support of more than 500 jobs. Additionally, Mutualism has shown a strong commitment to township-based businesses, with over 70% of their funded ventures located in these areas.

Entrepreneurs can apply for different types of funding through this platform, such as asset-backed financing, contract financing, invoice discounting financing, and purchase order financing.

Main Features

Mutualism offers four types of financing to help small businesses grow:

Asset Finance

Mutualism uses the asset you’re purchasing to guarantee the loan. This means your personal belongings, such as your house or car, are not at risk if you can’t repay the loan.

Contract Finance

This type of funding is backed by your business contracts rather than personal assets. It helps businesses cover expenses like materials or labour in cases where clients have longer payment terms.

Purchase Order Finance

This allows businesses to access funding using purchase orders as collateral. If the loan isn’t repaid, the lender may claim the purchase orders, not your assets.

Invoice Discounting

This enables businesses to secure funds using unpaid invoices as collateral, rather than relying on physical assets.

Pricing

Mutualism is free to access for all small businesses in South Africa. Since this platform aims to help businesses access financing, businesses don’t need to spend money to apply for funding on the website.

Pros and Cons

Pros

Tailored specifically for South African SMEs.
Free to use.
Access to different types of financing.
Finances small and large amounts (From R20 000 to 5 million rand).
Get an estimate of your repayment plan.
Application through the website is easy.

Cons

Not all applicants will qualify for funding.
The organisation focuses on township-based small businesses, which leaves out other small businesses that also face economic disparities.
FAQs

This depends on the circumstance and is approached on a case-by-case basis.

No, the financing options offered by mutualism don’t use your assets as collateral.

Yes, Mutualism provides funding from as little as R20 000 up to R5 million, depending on your business needs and the type of financing.

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