How FNB Business partnered with Afrique Pet Food to fuel growth and operational excellence
Afrique Pet Food (Pty) Ltd stands as one of South Africa's foremost dry pet food manufacturers, producing trusting brands such as JOCK, Grandeur, Tailsup, EPOL and Vitagen. Having created jobs for more than 125 employees, Afrique Pet Food is a key player in the pet nutrition market.
Like many growing businesses, Afrique Pet Food faced challenges managing working capital to support stock procurement and creditor payments. To overcome this, Afrique partnered with FNB Business, which provided a R160 million Debtor Finance Facility, including a R20 million stock floor limit. This facility enabled Afrique Pet Food to unlock cash tied up in debtors, optimising cash flow and ensuring operational continuity. In addition, a R45 million Commercial Property Finance Loan was granted to support their expansion plans, further fuelling the company's growth.
Partnership that goes beyond banking
FNB Business worked closely with Afrique Pet Food to tailor a financial solution that meets their specific needs. This partnership approach means FNB is not just a financier, but a strategic investor in Afrique Pet Food's long-term success.
Fuelling growth
With improved cash flow, Afrique Pet Food can confidently invest in stock and supplier relationships, strengthening its supply chain and positioning itself for sustained growth in a competitive market.
Cash flow enablement
Unlocking working capital is vital for businesses to manage day-to-day operations and seize new opportunities. FNB's facility provides Afrique Pet Food with the liquidity needed to maintain momentum and scale effectively. Afrique Pet Food's success story exemplifies how the right financial partner can unlock business potential. Ready to take your business further?
Discover how FNB Business can help your company grow.
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