MERCHANT CAPITAL ADVANCE:
Look at cash flow anew when you take an advance on future card sales, with repayments coming from a percentage of daily sales.
SOME OF THE BENEFITS
- No set monthly payments: Smooth out your cash flow by settling your advance from a portion of daily sales
- Flexibilit: Pay back your advance in line with your business' turnover
- No hidden costs: All fixed costs are agreed up front, with no need for you to pledge assets
WHAT YOU GET
- Easy access to working capital with no set monthly repayments
- An advance equal to 80% to 100% of your average monthly card turnover
- Repayments are collected as a percentage of every future card swipe
- Quick and easy application process
- Get funded within 48 hours
Merchant Capital Advance is offered in collaboration with Standard Bank
HOW TO GET IT
- You must be a South African citizen
- Your business must have been operating for at least 12 months
- You must have more than R 30 000 in monthly card sales
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Source:
Standard Bank 
