The Merchant Capital Advance
In Collaboration with Standard Bank
Introducing a forward-thinking partnership between fintech leader Merchant Capital and trusted lender Standard Bank, a cash injection product created to boost your cash flow and support your growing business. The Merchant Capital Cash Advance provides quick and simple access to working capital, increasing your business’ cash flow without the fixed monthly payments and prohibitive qualification criteria of traditional business loans. Instead of paying a large fixed monthly payment until a set maturity date like a loan, our unique pay-as-you-trade model retains an agreed percentage of your daily card sales until the total amount is paid in full.
What is the difference between a bank loan and a cash advance?
Financing small and medium businesses in South Africa is not a one-size-fits-all scenario. Facilitating growth is all about options. When it comes to understanding the difference between bank loans and cash advance products know this: While both financing models involve receiving and repaying sums of money, a merchant cash advance is not the same as a bank loan. In fact, a cash advance is not a loan at all. It is a ‘Buy and Sell’ agreement between a merchant and a provider and can therefore offer more flexibility when it comes qualification criteria, terms, collateral, pricing, and turnaround times. This allows for terms that suit your business, unsecured cash injections, and lightning-fast turnaround times.