Merchant Cash Advance
Do You Qualify?
You may qualify for a Merchant Cash Advance if your business meets the following criteria:
- You have a card machine
- At least 6 months of trading history
- An average monthly revenue of R40,000 or more through your card machine
How It Works
Repayments are a fixed percentage of your revenue, agreed with the lender based on your affordability and profit margins.
There is no fixed repayment period; repayments adjust automatically with your revenue. Higher sales → faster repayment, lower sales → slower repayment.
💡 Tip: Early repayment does not reduce your total cost, as the MCA uses a fixed factor rate.
Common Uses
MCA funding can be used for almost any business purpose. Typical uses include:
- Working capital: Manage day-to-day cash flow
- Growth capital: Invest in expansion or new projects
- Buying inventory: Increase stock to boost sales
- Tax/VAT payments: Spread out large tax bills
- Meeting payroll: Cover wages during slower months
