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NEED FUNDING TO GROW YOUR BUSINESS?
Introducing a new innovation in business funding - NOW IN SA! |
Growing a business in South Africa is no easy task.
The
credit crunch and conservative bank lending policies make it difficult
for many entrepreneurs to find funding at all, while others are
frustrated by complex and time-consuming application procedures that
often end in disappontment.
Thats where Retail Capital can help
Retail
Capital's Business Cash Advanced offers you a flexible and convenient
alternative to traditional business loans and restrictive equity
partners. Introduced in the US over a decade ago, this innovative product
also deliverd business growth in Europe and Asia Pacific over the last 4
years. |
WHAT IS A BUSINESS ADVANCE?
In simple terms, Retail Capital enters into a contract with a
merchant to buy a future flow of card transactions for a discounted up
front advance today. Retail Capital takes an agreed proportion of all
future card transaction settlements until the total value that has been
purchased is reached. |
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How does it work exactly?
Your
upfront cash advance is repaid by deducting an agreed percentage of your
daily card settlement, until the value is repaid. So there is no fixed
payment term and repayment is linked to your business performance.
Practically,
this means that in a good month, you pay the advanced back more quickly,
and in a slow month, the same fixed percentage is deducted, so your
cash flow doesn't suffer by havng to pay a fixed installment. |
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For further information pleaseClick Here |
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