A Powerful Fintech Partnership That Unlocks Business Potential

Since our inception, we've been passionate about growing SMEs, and we're excited to announce a partnership with a company that shares this vision.

Together with BNPL (buy-now-pay-later) provider, Payflex, we’ve launched FlexiAdvance powered by Merchant Capital. FlexiAdvance offers flexible repayments linked to your monthly turnover, ensuring that your repayments never exceed your income. With this technology, you can access funding within 24 hours of your application.

Aligned with our commitment to empowering SMEs and supporting the economy, FlexiAdvance combines Merchant Capital’s funding expertise with Payflex’s payment technology to provide Payflex merchants with a working capital solution. These merchants can now access alternative lending to grow their businesses, while also benefiting from Payflex’s existing online payment solutions to boost sales.

Paul Behrmann, CEO of Payflex, highlights that FlexiAdvance brings significant value to their merchants, who now have access to flexible funding through the Payflex platform. Behrmann also notes that Payflex’s online merchants have experienced up to 30% higher average order values, larger purchases, and notable revenue growth when offering the interest-free BNPL option as a payment method.

Merchant Capital's Chief Relationship Officer, Ryan Cohen, adds, "This sentiment bodes well for 2022, with a greater sense of predictability and optimism in the economy." He continues, "This partnership is linked to the SME retail sector’s recovery, as many SMEs undertake projects that were delayed due to the uncertainty caused by Covid-19."

To unlock your business potential, contact the FlexiAdvance team at 010 140 3207 or email flexiadvance@merchantcapital.co.za.