Rating based on 10 reviews

Business loans offered by Merchant Capital

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  • Tailormade Business Loans
    Flexible repayment terms

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Merchant Capital homepage

Author Merchant Capital. Screenshot of Merchant Capital website. [Accessed June 26, 2020]

About Merchant Capital

Merchant Capital is an alternative provider of capital for businesses.

Established in 2012, they’ve been taking strides toward perfectly understanding their client’s needs. Originally designed to cater to South African SMEs (Small and Medium Enterprises), they focus more on helping small businesses.

Community growth is a priority they’ve always had. As a company that was in a similar position to many of the country’s SMEs in the past, they know what it’s like to need access to capital and not have it. Merchant Capital provides an easy alternative to complicated bank loans.

Merchant Capital understands your needs

As they’re also entrepreneurs, they understand what the up-and-coming entrepreneurs of today need and want from their business finance. They believe in easy access to working capital and provide their service to meet the need for accessible business loans for small businesses.

They’ve partnered with several larger companies to expand and deliver their products to even more clients in need. These companies also assist in funding your business when you use Merchant

Capital’s cash advance service. Cash advances can make a huge difference to a business that needs a little extra help.

Merchant Capital’s partners

Capricorn Capital Partners, Rand Merchant Investment Holdings, and Standard Bank are the 3 largest shareholders of Merchant Capital. They facilitate Merchant Capital’s cash advance service through their own businesses.

With such affluent partners to learn from and grow with, Merchant Capital has taken leaps and bounds in recent years to deliver better service.

If you’d like to find out if you qualify for these services, all you need is a few short minutes. Speedy service is important at Merchant Capital, and this shines through in how their staff quickly attend to applications.

Merchant Capital Services

Merchant Capital can have much-needed capital in your business account in as little as 24 hours.

You can even get an obligation-free quote on their site in just one minute! The full application is also lightning fast - with the entire application process only taking about 7 minutes.

From there, it’s simple: Apply for the amount you need, get approval, and get your business funding!

Merchant Capital feels that it should be easy to get a business loan, so they provide the service you’d expect.

What Merchant Capital actually gives you

Merchant Capital lets you borrow a percentage of your business’s total monthly credit and debit card turnover.

Once this average is calculated, you’ll be able to borrow up to 100% of that amount.

They recommend having that total on hand, in case, but will encourage or dissuade their clients as they see fit.

You can even apply for a re-advance once 70% of your original loan has been paid!

You can apply in person or online - whichever you’d prefer. Merchant Capital’s friendly staff are available day and night to assist.

How does repayment work?

Merchant Capital has a revolutionary method of repayment available.

Instead of charging you monthly installments, you pay a percentage of your debit and credit card transactions back to Merchant Capital.

This way, when your business isn’t so busy, you aren’t forced to make crippling payments. But, when you’re busy, you can pay off your loan faster!

They understand that small businesses need flexibility in this regard, providing this repayment option with SMEs in mind.

Merchant Capital Product Details

  • Loan Type Business loans

Summary of Services

  • A unique repayment system
  • Alternative provider of working capital

Here’s how to find out if Merchant Capital can help you

The first step to taking advantage of this service is applying.

Merchant Capital has an easy online application system, whose automated response notifies you the moment you get pre-approved. Or, alternatively, you could head into one of Merchant Capital’s many branches and talk to one of their representatives. Whichever way you prefer to apply, the application for one of their business loans will be quick and easy.

How does the application work?

The application is extremely simple.

You’ll be required to fill in a few details on the Merchant Capital site, which includes the following:

  • First and last name
  • You contact details (mobile and email)
  • Your company name
  • Your company age
  • Average monthly turnover from debit and credit sales

Using these details, their team of financial professionals will assess your online loan application. Don’t worry, all personal details are kept private. The Merchant Capital team will contact you with further details within as little as 24 hours, and as many as 48. Unlike other companies in their field, Merchant Capital won’t leave you long in anticipation of approval.

Are there any conditions?

The conditions are simple. You just need to be a South African business owner who owns a business that has been operational for at least 12 months. As long as you have a monthly turnover of at least R30, 000, you should qualify for Merchant Capital’s services.

Merchant Capital has your best interests at heart, which is why they’ll never approve a loan that they believe will put you in a difficult position. Responsible lending is one of their core ideals.

Customer Reviews & Testimonials

March 2020

Merchant Capital kept my business afloat when I really needed it.

Thabiso N
— Pietermaritzburg —

December 2019

I always go to Merchant Capital for any business loans. It’s the easiest way.

Marelise P
— Cape Town —

October 2019

If I ever need quick and easy business finance, Merchant Capital sorts me out.

Petrus Q
— Brakpan —

Merchant Capital Contact Details

Physical Address

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed