INSIDE YOUR BUSINESS: YOCO Capital disburses R1 billion in financing.

Loading player...
Adam Duxbury, Chief of Staff for Yoco talks about Yoco recently celebrated R1.3 billion in financing disbursed to over 12 000 customers  to pay staff salaries, ease cash flow, buy stock, upskill themselves and staff, and expand their businesses.

With the nationwide issue of load shedding, merchants can apply for Yoco Capital for the advancement of their businesses such as investing in a generator to avoid disruptions during these tough times. 

 

Known for its tools and services that enable small businesses to accept card payments,  Yoco continues to break down barriers via its alternative to traditional business financing, Yoco Capital. 

 

 

Financing for small businesses reimagined 

 

A fast, flexible cash advance offered to qualifying Yoco merchants, Yoco Capital is structured in a way that makes securing business funding accessible and affordable.

 

Though the SME market – which comprises millions of small- and medium-size businesses across the country –  forms a crucial part of the South African economy at large,  this sector is still fraught with barriers that impede success and growth. Difficulty accessing funding, poor infrastructure,  and a lack of training are some challenges small businesses face.

 

These, added to the effects of Covid lockdowns, soaring inflation rates, and fuel costs, means that access to business funding is needed more than ever. However, strict terms and conditions and the red tape associated with traditional business financing mean that obtaining much-needed capital is untenable for many small and medium businesses.

 

“Yoco Capital is a vital alternative to traditional business funding – something that is typically out of reach for many of our merchants. By democratising small business financing, we empower small business owners and further their chances of not only succeeding but thriving.
30 Nov 2022 1PM English South Africa Business News · Investing

Other recent episodes

AGOA Extended: Certainty or Illusion?

The US has extended the African Growth and Opportunity Act (AGOA) to 2028, stabilising duty‑free access for African exporters. But is this really a win, or just temporary certainty? Oxford Economic’s Jervin Naidoo explains what the extension means for South Africa’s auto industry, Kenya’s textiles, and Africa’s trade outlook in…
24 Sep 1PM 19 min

Your Retirement, Your Rules: ETFSA’s Starter Pack Explained

Retirement planning doesn’t need to be intimidating. Suzan Ramotshabi breaks down the biggest barriers stopping South Africans from investing, including Black Tax and fear of making mistakes. She explains how the Starter Pack works, additional ETFSA solutions, and the one step listeners can take today to begin their retirement journey…
23 Sep 1PM 22 min

SARB Tightens: What the 25bps Hike Means for You

The SARB surprised markets with a unanimous vote to hike rates by 25bps, landing against rising inflation expectations and global volatility. Johann Els unpacks the policy mood shift, the 4.4% inflation print, rand vulnerability, and how this decision affects credit conditions, household budgets, and South Africa’s growth outlook heading into…
23 Sep 12PM 14 min

The State of SA Insurance: Climate, Claims & Consumer Strain

South Africa’s insurers are navigating a perfect storm: higher catastrophe losses, rising claims inflation, affordability strain, and a shifting risk landscape shaped by climate volatility and crime. Santam’s Partner Solutions CEO, Gugu Mtetwa, unpacks the sector’s resilience, the worsening underinsurance problem, consumer behaviour shifts, and how insurers are adapting to…
22 Sep 1PM 24 min

Measured Momentum in SA Banking: Earnings Up, Risks Rising

South Africa’s major banks delivered headline earnings growth of 9.3% to R82.3 billion, stronger ROE at 20.5%, and improved cost‑to‑income ratios — but beneath the numbers lies a fragile domestic recovery and renewed inflation pressure. PwC’s Rivaan Roopnarain breaks down the competitive dynamics across retail, business, corporate and payments ecosystems,…
22 Sep 1PM 14 min