The need for the existence of a shared services administration company focussed on debtors factoring was identified by the management and directors of  Tactic Financial Services (Pty) Ltd (“TFS”) in March 2010.

Created as an in-house administration company, it was soon noted that although various independent factoring companies operate within Southern Africa (“SA”) and limited in sub-Saharan Africa (“SSA”), few of these companies have access to skilled staff and more importantly, a robust MIS system that could serve these companies properly alongside proven risk management and administration processes.

As debtors factoring has been proven the world over to be the most successful way of introducing much needed financial assistance to Small to Medium Sized (SME) businesses, it seemed a logical conclusion that an entity with combined experience in debtors factoring and administration and a MIS system that is considered to be one of the best systems in the world, and used by the one of largest factoring companies in the world, be utilised to fashion a company that is dedicated to administering the debtors books of factoring companies operating in SA and SSA .

Not only can TCA’s service be provided at rates that are affordable to these companies, but an additional advantage is provided through TCA’s marketing expertise, that ultimately ensures the growth of the business.

Therefore, with its innovative approach to debtors factoring administration, TCA has the potential to become the debtors financing administrator of choice for factoring companies focussed on SMEs in SA and SSA, a market that is currently under and un-serviced.

It should be noted, however, that TCA’s services is by no means limited to debtors factoring companies focussed on the SME Market alone. Rather, TCA’s services, could be rolled out to debtors factoring companies focussed on any market segment.