How to grow your small business with Yoco Capital

11th April 2022

Cash flow – two words that shouldn’t keep you up at night. Thanks to Yoco Capital, our unique, tailored take on the traditional business loan, you can give your business a healthy dose of cash to buy more stock, hire an extra set of hands, or revamp a tired storefront.  Here’s everything you need to know:

Give your business a boost – fast

Apply in less than five minutes, and receive your Capital the next day. No paperwork, no unnecessary admin, no queues. Simply log on to the Yoco Business Portal or Yoco App to see if you qualify, and cha-ching – you’re all set.

Flexible repayments, tailored to your business performance

We get it – some months are slower than others. Some businesses are seasonal. Sometimes it’s all systems go…until they aren’t. That’s why we’ve set up repayments in a way that works with your business, not against it. When sales slow down, your repayments are adjusted accordingly. What’s more, we’ll never penalise you with late fees.

Automatically repay your advance every time you make a sale via Yoco

No monthly debit orders, no stressing about whether the payment will bounce. Instead, a fixed percentage of every sale goes towards repaying your Yoco Capital (whether you’re trading via card machine or online payments). That’s one less thing to worry about.

Yandisa Ntogonbwana, Start Team Lead, on how Yoco Capital enables entrepreneurs to thrive:

"The most common reason why entrepreneurs are unable to start a business or to grow their existing one is the accessibility to funds, which are predominantly funded by banks.

Traditionally, you had to jump through several hoops to qualify for capital in order to make your dream a reality. Yoco Capital is entirely different. We decided to rip up the rule book and eliminate the red tape – eradicating the fears about taking out a traditional business loan."

With the easily-accessible qualification criteria, we’ve opened up business capital for all small businesses – whether you sell fabrics at the flea market, have a home beauty salon, wash cars – or anything in between. Yoco Capital offers transparency, affordability and opportunity to small businesses across the country.

We understand the tenacity and courage starting a business requires, which is why we created Yoco Capital, a funding solution that works with business owners as they grow their business.

One flat fee, no fixed terms

All businesses are unique. Your repayments should be too. Cost to capital* is automatically calculated when you apply, and is based on the amount requested, the hold back rate (the percentage of each sale that’s paid back), and your Yoco sales history.

Cost to capital* is the amount you pay in order to access your cash advance.

No paperwork or long waits

Applying for a business loan is a process traditionally fraught with anxiety, endless paperwork, and waiting on tenterhooks for approval. We know your time is precious – which is why we’ve made the entire process fast, efficient, and entirely online.

The more you sell, the more Yoco Capital is available to you

We reward booming businesses. Your Yoco Capital amount is directly based on sales made through Yoco card machines or online payments. The higher your sales amounts, the higher the amount you can access.

Give your business a leg up with Yoco Capital, by becoming a Yoco merchant. Sign up here.