ABOUT BUSINESS CAPITAL
Want to know how to grow your small business? Come to Business Capital. Our mission is to help businesses growby overcoming the temporary hurdles of restricted cash flow. Our vision is to be a world-class empowerment organisation, setting high industry standards for other competitors by providing leading capital solutions to new and existing clients.
Generate steady and sustainable returns for our business partners.
Provide the most comprehensive and personalised service to our business partners and clients.
Exceed the expectations of our business partners and clients.
Maintain a vibrant company that delivers high quality affordable solutions.
Business Capital is a division of Eventfin, a world-class empowerment organisation providing leading capital solutions. We provide small business owners with cash advances, working capital loans or invoice discounts / factoring to help them grow their business.
Eventfin’s other division, Tender Capital, empowers SMMEs by providing working capital and support to fulfilgovernment and parastatal tenders.
Our quick turnaround time provides financial assistance, while the client remains in full control of the opportunity and running of the business.
to find a suitable cash flow solution for your business.
Tel: 087 550 1953 / 012 004 0581
HOW BUSINESS CAPITAL WORKS
Business Capital aims to fast-track your business growth with a cash flow solution that will help you to achieve all your business goals. If your business is eligible, we offer cash flow solutions that are available in as little as 5 days.
It’s easy…you grow and we provide funding. Our repayment terms are flexible when business is down, you have the option to decrease your installment.
CASH ADVANCE FOR RETAILERS
A working capital loan (or merchant cash advance), allows small business owners with fixed (non-liquid assets) to finance your company’s short term operational needs, such as buying extra stock, hiring additional staff or purchasing equipment. The loan amount is based on your business’ average monthly turnover.
You’ll receive the cash advance in a lump sum, to your business’ bank account, in exchange for a percentage of future card (or EFT) transactions for a pre-agreed period. Each trading day, the pre-agreed percentage of sales will be deducted until your advance is fully paid off. When business is slow, you have the option to decrease your installments based directly on sales – this keeps payments flexible.
CASH ADVANCE FOR PROFESSIONAL SERVICES
If your business is over a year old and generates upward of a million Rand annually, you can apply for professional funding up to R 1 500 000. This cash advance is based on your future earnings, instead of using your assets as collateral, for the loan. A professional cash advance isn’t actually a loan – it’s the sale of future earnings at a discount.
Buy new equipment
Refurbish your practice
And take advantage of other essential business opportunities
Invoice Discounting / Factoring uses your unpaid accounts receivable as collateral for the loan. The loan amount is typically around 80% of all invoices less than 90 days old. This allows you instant access to funds that are outstanding on customer invoices where, for example, your customers work off a 60-day account.