Drive Your Automotive Business
with Flexible Funding.
Access funding to scale your business growth.
As the automotive industry continues to evolve, access to necessary funding becomes increasingly crucial for businesses looking to expand and grow. Our business funding options for the automotive sector are designed to provide the necessary financial support to purchase new equipment, expand operations, and hire additional staff.
Our team of funding specialists is dedicated to working closely with you to create a funding solution that is customised to your business requirements and goals. Get in touch with us today to learn more about partnering with Retail Capital to take your business to the next level.
Hire additional staff
Marketing and advertising
Website and technology development
Fulfillment and logistics
Expansion and growth
Fast-track your application by linking your bank account through a safe and secure integration provided by TruID. Alternatively, you can upload PDFs of your recent bank statements through our secure portal.
Proof of ownership of the business for at least 6 months
Demonstrated monthly turnover of R50k or higher for 3 months or more
Your business is in good standing
We focus on getting your business funding approved. To meet the minimum requirements to apply for business funding you need to have:
Turnover
R50 000 to R5 million monthly turnover
Turnover history
3 to 6 months continuous turnover (with bank statements)
Ownership
Business ownership of 6+ months
*Final approval is subject to underwriting and credit checks.
What will I pay back? How will I pay it back?
Our transparent funding structure makes it easy for you to know exactly what your future payments will be.
Because the payment is a percentage of your turnover, the term will adjust accordingly (with no interest or extra cost). Your payment options include whether you want to pay daily or weekly, or if you want the payment fixed, or flexible (matching your turnover). Should you settle early, discounts may apply.
This is a win for you and your business. It takes away the risks and minimises your payment stress.
You’re one application away from making your vision a reality.
Want to know more about business funding? Read more here.
You need funding as soon as possible. If that’s you, apply with our quick, easy, online process. If you get stuck at any point, our consultants are here to assist.
funding specialist
You need an expert to help you to create a tailor-made funding solution. Fill in a short contact form and one of our funding specialists will get in touch to get you funded.
You have questions before you start the funding process. Chat to us on WhatsApp about your funding needs.