Articles | Business Finance & Advisory Services | Merchant West


RECM & CounterPoint Asset Management
11 December 2019

We are pleased to announce that RECM and Counterpoint Asset Management have reached an in principle agreement to merge their operations. Importantly, the two firms have complementary skills and investment philosophies, and share a similar culture.

The asset management industry in South Africa is highly fragmented. Intense competition and an onerous regulatory environment has resulted in increasing margin pressure. We believe that the even greater depth and reach resulting from our integrated teams, when added to the current compelling performance history in many of the fund offerings, will be of great benefit to all clients.

Smart Office Trends You Can Realise through Asset Finance
16 July 2019

With the rise in smart technology systems, businesses across the globe are implementing this technology within their offices to increase productivity and optimise operations, among other benefits. Now that these systems can be realised through asset finance solutions, more and more businesses in South Africa can join the smart revolution. This empowers South Africans with the opportunity to successfully compete with local and international players in their industry. Read on to find out which smart office systems are currently trending, as well as what benefits they offer to businesses across multiple industries.

Personalised Business Finance Services: A Partnership for Financial Success
18 February 2019

For your business to thrive financially, it needs a committed financial partner focused on providing tailor-made business financial services and solutions specifically suited for your business. Every business is unique, and to this end, every solution, from working capital solutions to financial risk management, needs to be tailor made in order to support and work for your business. At Merchant West, we focus on providing flexible financial solutions that suit your business needs. Our personalised business financial services, which include working capital solutions, asset finance, and financial risk management are geared towards supporting your business’ individual requirements. So, what makes us the perfect match for your business?

Asset Finance for Businesses: Designed for the Ambitious
18 February 2019

There still exist many misconceptions around the term “finance”. At Merchant West we strive to demystify asset finance and promote it as a bespoke solution for businesses to acquire the equipment and systems they need to grow. Finance should not be limited as the misconstrued term it often is referred to, used to simply describe people who cannot afford to buy. The reality of finance is that it is designed for profitable companies that want to become industry leaders, with best-practice financial risk management consciousness. Our asset finance solutions are designed for the ambitious, here’s why:

The benefits of leasing
04 December 2018

Keeping up with technology often means that businesses are budgeting for new purchases each year to continuously refresh their security infrastructure and taking a financial knock on the depreciating asset value of the outdated equipment. At least that has been the case up

until now.

New approaches to security asset financing, such as an operating lease enables the business to implement their security refresh projects, but without purchasing the equipment. This model keeps depreciating assets off the client’s balance sheets, while the supplier can offer their clients fully financed end-to-end solutions they can bank on.

MW Asset Rentals (RF) Ltd – New Rating Accorded and New Issuance Rating Accorded
04 December 2018

Global Credit Ratings (“GCR”) has accorded the following final, public long-term credit rating to the following Secured Class A Notes (“Class A Notes”) issued by MW Asset Rentals (RF) Ltd (the “Issuer”) (the “Transaction”) on 18 November 2016:

● Class A Notes, stock code MWAR01; R450,000,000; AAA(ZA)(sf) Stable Outlook.

GCR concurrently accorded the following finalpublic long-term credit rating to the following Notes issued by the Issuer on 29 March 2018 (“New Issuance”):

● Class A Notes, stock code MWAR02; R300,000,000; AAA(ZA)(sf) Stable Outlook.

The Issuer has increased the Subordinated Loan to R64,645,000 from R44,645,000 that is unrated and held by Merchant West (Pty) Ltd.

Sending Money Offshore
17 November 2016

The South African Reserve Bank allows individuals to transfer their funds offshore utilizing either of the options below:

1. A single Discretionary Allowance of R1 million per calendar year. This allowance does not currently require South African tax clearance, or

2. A Foreign Investment Allowance of R10 million per calendar year. This is an annual allowance and applies to private individual tax payers over the age of 18 years. In order to utilise the Foreign Investment Allowance and to transfer the allowance out of South Africa, a Tax Clearance Certificate from the South African Revenue Service (SARS) is required which is valid for 12 months from date of issue.

Merchant West Capital Markets can facilitate the entire process and assist with the necessary paperwork.

Contact us today for more information or simply visit our website.

Merchant West Capital Markets
04 November 2016

Whether you're a large or small business, Merchant West Capital Markets can tailor make a solution to suit your needs from our great range of products. While you may be getting good forex rates through your bank, we can probably achieve better rates for you.

Contact us today for more information.

03 November 2016

If you're thinking about transferring funds offshore then contact us today. We offer fantastic rates and can assist with the entire process.

The South African Reserve Bank allows individuals to transfer up to R1 million offshore per calendar year without a tax clearance.

Make the most of your allowance today!

Investing Abroad
31 October 2016

Transferring offshore? make sure you're getting the most from your Discretionary Allowance. The South African Reserve Bank allows individuals to transfer up to R1 million offshore, per calendar year, using their Discretionary Allowance. Merchant West can facilitate this entire process on your behalf and assist with the necessary paperwork. Contact us today for more information or simply visit our website