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.
HOW DOES IT WORK?
WHEN IS A BUSINESS ADVANCE THE BEST OPTION?
When timing is critical - quick turnaround times can make the difference between being able to take advantage of an opportunity, survive seasonality or make an essential purchase.
We offer higher approval rates than traditional bank business lending, so if you have tried to get finance before and been unsuccessful, try a Business Advance.
If you have been turned away from other business finance, not for credit reasons but because there is a shortfall in lending to small business.
We place no restrictions on the use of the funding. You use the money as you see fit to grow your business.
No need for personal security or collateral.
You require flexible repayment terms and amounts due to seasonal or other turnover fluctuations in your business. We get paid when you get paid.
Seamless integration into your card settlement process means no manual payments or debit orders.
5 REASONS TO APPLY:
- 1 Quick and simple application process with minimal paperwork
- 2 No personal security or collateral required
- 3 Access to funds is quick and easy
- 4 No fixed repayment term
- 5 No fixed repayment amount – we get paid when you get paid