Retail Capital, Capital for Business
South Africa’s retail sector is the largest on the African continent.This sector is a huge contributor to the country’s economic well-being. Growing affluence among the nations black majority, particularly the emerging black middle class, has provided the much needed growth factor to this sector.The constant growth of this sector however depends on the availability of capital.One business entity helping in this regard is Retail Capital.
Established in 2011, Retail Capital was set up to provide businesses with an alternative funding solution to traditional small business loans. Todate,this noble entity has disbursed nearly R1 billion to thousands of businesses including restaurants, retailers, beauty spas and medical practitioners.
This business cash advance is accessible, flexible and convenient.There is no need for security, no restrictions on the use of the funds and all costs are fully transparent and agreed up front.
Each advance is tailored to the specific needs of each business owner and all costs are fully transparent and are agreed upfront.The advance is based on your businesses average card turnover,an agreement is made on the total amount to be repaid and this is calculated as a fixed percentage of your daily card turnover,the advance is paid into your bank account,each trading day,you pay over the agreed percentage until the full amount is reached.
The application process is quick and easy and the money can be in your account within 5 days.
Retail Capital can be contacted on 0861171717.