Retailcapital

Retail Capital is a South African fintech platform that provides unsecured business funding to small and medium enterprises (SMEs) that need working capital or a merchant cash advance.

Key capabilities include:

• Online application and fast payout: Businesses can get an obligation free quote, apply in minutes, and receive funds within hours after approval.
• Turnover-based assessment: Applicants can link a bank account via TruID or upload three months of bank statements through a secure client portal for underwriting and credit approval.
• Flexible repayments: Repayment can be flexible or fixed, and the provider states there are no early settlement penalties.
• Funding options and guidance: Includes an online funding calculator, industry-specific funding pages, and Shari’ah-compliant funding options; support is available via WhatsApp, phone, and funding specialists.

Available on Web via the online application portal.

Target users are South African SMEs with monthly turnover between R50,000 and R10 million, operating for at least 6 months, that want unsecured capital for any business purpose.

Notable in the South African market for its focus on digital transaction history for funding decisions and its track record of funding 90,000+ local businesses with R14 billion+ in capital since 2011.