Retail Capital
Cape Town
About Retail Capital
In January 2011, Retail Capital was established to provide businesses with an accessible, flexible and convenient alternative to traditional business loans. In a survey sent to over 20,000 businesses, access to working capital and cash flow was identified as the single biggest challenge that they faced. As small to medium sized business contribute over 65% of South Africa’s employment and 50% of the country’s GDP, this is a very significant problem for the South African economy, inhibiting job creation and growth.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $10K – $50K
- Total funding: $1.0M
- Funding stage: M&A
- Last round: Private Equity (Mar 2019)
- Website: retailcapital.co.za
- Phone: +27714962152
Industries & Categories
Financial Services, Lending, Retail
Social Profiles
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