Merchant Capital South Africa

Founded in 2013 by Dov Girnun, Merchant Capital is a leading provider of alternative funding for small and medium-sized businesses in South Africa. The company's mission is to offer SMEs accessible, efficient, and transparent working capital to facilitate their growth. They pioneered the use of the Merchant Cash Advance model in the region, where businesses receive an upfront lump sum of cash in exchange for a small percentage of their future debit and credit card sales. This innovative model provides a viable alternative to traditional bank loans, with repayments that flex with the business's cash flow.