If you take card payments, your card machine provider or bank may offer you funding repaid from your card sales. Yoco, iKhokha, FNB and Capitec each publish their own version. Each is open to that provider's own customers, and it is the one product on offer. A broker like Quick Access Capital looks at more than one route for the same need.
Below is what each provider says about its own product, in its own words where we have them. We don't rank them.
What each provider publishes
| Provider | How it is repaid | Who can get it | Other points |
|---|---|---|---|
| Yoco Capital | "repayments are deducted automatically as an agreed-upon percentage of your daily sales" | "Transacted with Yoco for 6 months or more"; at least 10 Yoco transactions in the last 90 days; at least R4,000 in Yoco card payments every month for the last three months | "On the days you don't make any sales, no repayment is deducted." "There's no fixed repayment term and no penalties if it takes you longer than expected to repay your advance." |
| iK Cash Advance (iKhokha) | "Payment is made via split processing: a specified percentage of your daily turnover will be used to pay back your advance." | "Be an active iKhokha merchant for at least 6 consecutive months"; "Make more than R2 500 in sales per month" | Up to R1 million |
| FNB Cash Advance | "The holdback percentage is a portion of your settlement amount that we will collect for the payment of your advance" | "Have an FNB Business Account"; "Be trading for six months or more"; "a minimum card turnover of R20 000 per month (or R240 000 per annum)" | "Simplified, one-off fee. No interest." |
| Capitec Pay As You Trade | "A fixed percentage of your daily transactions are deducted to repay the 12 or 36 month term loan" | "A Capitec Business account"; "A minimum of 3 months of card transaction history" | Up to R1,000,000; "No security needed" |
Note the last row. Capitec's own page calls Pay As You Trade a "term loan", so it is not the same thing as a turnover-based cash advance, even though it is also repaid from card sales.
Yoco also says that meeting its minimum criteria "doesn't guarantee that you'll receive a Yoco Capital offer".
What they have in common
All four are tied to the provider's own card machine or bank account, and the repayment comes off your card sales or settlements. That makes it simple to take. It also means the offer depends on the card turnover that one provider can see.
The entry bar can be low. iKhokha, for example, asks for six months as a merchant and more than R2,500 a month in sales. That is well below what we work with.
How going through a broker is different
Quick Access Capital is a broker. We don't lend. We look at your business as a whole and at more than one funding route, not only a card-split advance:
- a merchant cash advance from a funder, repaid either as a share of your takings or as a fixed daily or weekly amount, depending on the funder
- working capital, usually repaid in fixed instalments
- invoice discounting, if you invoice other businesses
- purchase order funding or tender funding, if you have a confirmed order or an awarded tender
- asset finance, if you need a bakkie, truck or machine
Each funder sets its own conditions, so ask what it needs from you, including how it collects repayments. We don't charge you a broker fee. The funder may pay us a commission or referral fee on a funded deal.
When your card provider's advance may suit you better
Be honest with yourself about size. We work with registered Pty Ltd companies and close corporations (CCs), trading for 12 months or more, with funding from R50,000. A merchant cash advance through us needs at least R600,000 a year in turnover. If you have been trading six months, or your card sales are a few thousand rand a month, your card provider's own advance may be the only one open to you right now.
If you are above those levels, it is worth comparing. Ask each provider, and us, for the same three things in rand: what you get, what you pay back in total, and how it comes off. Our page on the true cost of business funding shows how to compare them.
Next step
To see which routes could fit your business, check your fit.
Sources
- support.yoco.help: repayments are deducted automatically as an agreed-upon percentage of your daily sales
- support.yoco.help: the three minimum criteria and "Meeting the minimum criteria outlined above doesn't guarantee that you'll receive a Yoco Capital offer." Read 4 Nov 2026
- ikhokha.com: Get up to R1 million in funding.
- fnb.co.za: FNB Business Account