Moneyit provides the tool to manage the partnership relationship between businesses, financiers and SMME’s for making credit available to SMME’s. It also provides corporate businesses with existing SMME development programs with the ability to implement and administer their own inhouse credit funding solution for SMME’s.
Moneyit is not a bank; it does not receive or make any payments or offer credit to SMME’s; it is an administrative platform that administer and manage the relationship, security agreement, and advancing of credit by a financier to the SMME. Users access the platform through the Moneyit portal or Moneyit mobile application.