Makro Marketplace, Retail Capital Partner To Educate SMEs On Business Funding Options
Makro Marketplace, Retail Capital Partner To Educate SMEs On Business Funding Options. Last week, Massmart, together with Retail Capital, a division of Tyme Bank, hosted a Business Funding Information session for its Marketplace seller base. The webinar provided these small business owners with key insights about the funding options available to them. The partnership initially began in 2021 and has, since inception, provided significant funding to enable Massmart’s B2B customer base to both sustain and grow their businesses.
Commenting on the partnership and the prospects that it offers to online sellers, Deon Van Der Westhuizen, Portfolio Manager: Funding Solutions at Massmart said “Our B2B customer base has become well accustomed to this offer and we felt it important to amplify this within our Marketplace Seller base as well, to hear their thoughts about the solution. By providing them with access to this solution we will assist these SME’s to unlock the doors to business funding opportunities and drive their organisations to new heights.”
As the pioneer of fit for purpose, flexible and unrestricted funding solutions to SMEs, Retail Capital, a division of TymeBank, shares Makro’s goal for Marketplace sellers – to provide them with funding solutions and services to enable their growth and secure a sustainable future,” says Rean Bloem, General Manager for Funding at Retail Capital.
Makro operates 22 massive warehouse stores situated in the large metropolitan centres in South Africa selling food, liquor and general merchandise to retail and wholesale customers. Makro has evolved in the retail space from a stalwart warehouse chain to now being able to offer customers a convenient online shopping hub.
