Retail Capital, a division of TymeBank, focuses on providing alternative lending solutions for small and medium-sized enterprises (SMEs). To qualify for financing your business must have been operational for at least six months, and you need to meet their turnover criteria. The financial instruments they offer are Cash Advances.
Funds are made available within 48 hours once your application is approved and funding amounts are tailored to each business’ requirements. Retail Capital offers flexible payment options – you can opt for a fixed amount or a percentage of your turnover.
Retail Capital is well suited for businesses in a range of sectors, including, restaurant, retail, wellness and medical industries.
Retail Capital is also known for the free insights and tools they provides business owners, including industry insights and access to other SME services through their partner networks.