How Retail Capital Is Helping SMEs And Assisting In Job Creation
How Retail Capital Is Helping SMEs And Assisting In Job Creation. Retail Capital is a proudly South African pioneer. The company a 10-year track record of providing the small business industry with alternatives to traditional business loans in the form of funding and asset finance. Now more than ever, it believes entrepreneurs deserve access to working capital and innovative solutions so they can continue to grow their business, and the country’s economy.
Retail Capital offers flexible small business funding solutions to address the cash flow needs for small business owners in South Africa. It keeps the data of the business safe and protected using 128bit encryption. Its payment structures are tailored to their business turnover and cash flow cycles. it has personalised service through its customer concierges, business consultants and client zone. According to the company’s website 74% of the small businesses it funds are return customers.
The company was founded in 2011. Every day since then it still draws on white boards and sit around meeting room tables to build the future of funding for small business owners. It is proudly South African and believes that the future of the country and economy lies at the hands of the SMEs through employment opportunities, job creation and small business development. The company believes in South Africa, it believes in the SME sector and it also believes in people who believe in themselves.
“Business is the lifeblood of the economy and Small and Medium Businesses are the Growth Engine for the future, employing the most people and growing faster than Large Businesses. It is vital they have the resources and the skills to grow. At Retail Capital, we partner to provide funding and support services to benefit South Africa.” Karl Westvig Retail Capital Founder & CEO said on the company’s website.
As business owners themselves, they understand the difficulties of facing the treacherous waters of economic uncertainty while trying to keep an eye on success. Building on the vision of founders Karl Westvig, Stephen Leonard and Dave Lewis, Retail Capital still strives to provide stability and guidance to business owners.
