WELL by Merchant Capital
Revenue-basedShort- to medium-term funding for medical practices, advanced against predictable medical-aid income.
- Rate
- Factor rate 1.08–1.15
- Speed
- Same day
- Amount
- R30k to R5m
- Term
- 1 to 36 months
Fits: Medical practices
Merchant Capital
VerifiedRevenue-based funding repaid as a percentage of your daily card sales.
About Merchant Capital
Merchant Capital provides cash advances to businesses that process card payments. You receive a lump sum upfront and repay it automatically through a small percentage of your daily card transactions. When sales are slow, you pay less. When sales are strong, you pay more. There are no fixed monthly instalments.
Is Merchant Capital a fit?
Typically fits
Businesses that process card payments regularly. Restaurants, retail shops, salons, medical practices. Works well if your revenue fluctuates because repayments flex with your sales.
Probably not a fit if
The Merchant Cash Advance is repaid from card sales, so it needs a card machine; WELL does not. Not suited to funding you need to repay over more than three years.
Products
Merchant Cash Advance (MCA)
Revenue-basedFast, short-term business funding advanced against card and bank turnover with fixed costs and flexible repayments.
- Rate
- Factor rate 1.08–1.15
- Speed
- Same day
- Amount
- R30k to R5m
- Term
- 1 to 12 months
Fits: Businesses with card machines
Compare Merchant Capital with
Funding types Merchant Capital covers
FAQ
Merchant Capital operates in the South African SME lending market. For specific regulatory status (NCR registration, FSP licence), check their website or the regulator’s public register.
It depends on the product and on your documents. Each product above shows its typical speed; your own application can move faster or slower depending on what you have ready.
Standard SA lender paperwork: recent business bank statements, CIPC company documents and director IDs. Larger amounts usually also need management accounts or financial statements. The exact list depends on the product and the amount.
The rate and terms are Merchant Capital’s own either way. Applying through Frank means your business is first checked against the whole panel, so you can see whether Merchant Capital is the best fit before you commit, and a consultant takes the application forward with you.
No. You are never charged for using Frank. If you are funded, Merchant Capital pays Frank a referral fee. The fee is the same whichever lender you choose, so it never changes the rate or terms you are offered.
Check your business
Apply to Merchant Capital through Frank. You are never charged.
It takes about a minute and there is no credit check. Frank checks your answers against every lender’s rules and shows you what fits and what does not. When you choose a lender, Frank sends them your application on the answers you have already given.
See my funding options