ProfitShare Partners

ProfitShare Partners is a fintech company based in South Africa that provides innovative funding solutions for small to medium-sized enterprises (SMEs). The company's mission is to provide accessible funding solutions to SMEs that are typically excluded from traditional financing channels. ProfitShare Partners has developed a unique funding model that allows SMEs to access the capital they need without having to provide collateral or meet traditional lending criteria. This makes it easier for SMEs to grow their businesses and create jobs, which in turn drives economic growth and development.

In addition to funding, ProfitShare Partners also provides a range of business support services to help SMEs succeed. These services include mentorship, coaching, and training to help entrepreneurs build the skills they need to take their businesses to the next level. The company also partners with corporates to provide supplier development programs that help SMEs become more competitive and sustainable.

ProfitShare Partners' digital platform makes it easy for SMEs to apply for funding and access business support services. The platform is user-friendly and designed to streamline the funding process, making it faster and more efficient for SMEs to access the capital they need. ProfitShare Partners is committed to creating a more inclusive economy where all entrepreneurs have access to the resources they need to succeed. Through its innovative funding solutions, business support services, and supplier development programs, the company is helping to drive economic growth and promote entrepreneurship in South Africa and beyond.

ProfitShare Partners is a South African fintech company that was founded in 2017. The company provides innovative financing solutions to small and medium-sized businesses (SMEs) in South Africa, enabling them to access the funding they need to grow and thrive.

ProfitShare Partners was founded by Andrew Maren, a South African entrepreneur and former investment banker. Maren saw an opportunity to address the funding gap faced by many SMEs in South Africa, which often struggle to access traditional bank loans due to factors such as a lack of collateral or credit history.

To address this problem, ProfitShare Partners developed a unique financing model that is based on revenue sharing. The company provides funding to SMEs in exchange for a share of their future revenue, allowing them to access the funding they need without taking on debt or diluting their ownership.

Since its founding, ProfitShare Partners has grown rapidly and has become one of the leading fintech companies in South Africa. The company has provided funding to a wide range of businesses across various sectors, including manufacturing, retail, and hospitality.

In addition to its innovative financing model, ProfitShare Partners is also known for its commitment to social impact. The company has a strong focus on supporting SMEs owned by women, people with disabilities, and other underrepresented groups, and works closely with various organizations to provide mentorship and support to these businesses.

ProfitShare Partners has played an important role in providing funding and support to SMEs in South Africa, and its innovative financing model has helped many businesses to grow and succeed. The company continues to expand and evolve and is well-positioned to make a significant impact on the South African economy in the years to come.

 ProfitShare Partners' mission is to provide innovative and accessible funding solutions to SMEs that are overlooked by traditional lenders. By leveraging technology and a unique funding model, the company aims to promote entrepreneurship, job creation, and economic growth.

To achieve its mission and vision, ProfitShare Partners has developed a unique funding model that allows SMEs to access the funding they need without the traditional barriers to entry. By leveraging technology, the company is able to quickly assess the creditworthiness of potential borrowers and provide funding within a matter of days. 

This model has been successful in providing funding to SMEs that have been turned down by traditional lenders, helping to drive economic growth and job creation in the communities it serves.

ProfitShare Partners' vision is to become the leading alternative funding provider for SMEs in South Africa and beyond. The company aspires to make a significant contribution to the development of a more inclusive economy, where all entrepreneurs have access to the resources they need to succeed.

The company's mission and vision statement reflects its commitment to empowering SMEs and creating a more inclusive economy

Some of ProfitShare Partners' key products and services include:

• Funding Solutions - ProfitShare Partners provides access to flexible and affordable funding solutions for SMEs. The company's unique funding model allows SMEs to access the capital they need without having to provide collateral or meet traditional lending criteria. This makes it easier for SMEs to access the funds they need to grow their businesses.
• Business Support Services - In addition to funding, ProfitShare Partners also provides a range of business support services to help SMEs grow and succeed. These services include mentorship, coaching, and training to help entrepreneurs build the skills they need to take their businesses to the next level.
• Supplier Development Programs - ProfitShare Partners also partners with corporates to provide supplier development programs that help SMEs become more competitive and sustainable. These programs provide SMEs with the resources and training they need to meet the requirements of corporate supply chains, thereby creating new business opportunities and driving economic growth.
• Digital Platform - ProfitShare Partners has developed a digital platform that makes it easy for SMEs to apply for funding and access business support services. The platform is user-friendly and designed to streamline the funding process, making it faster and more efficient for SMEs to access the capital they need.