Funding types | Quick Access Capital

The six funding types

Funding typeMerchant Cash AdvanceA business receives funding upfront, based mainly on its turnover, with the total cost agreed upfront and repaid from future business revenue.See if a cash advance fits Funding typeWorking capitalGeneral-purpose business funding that is not tied to one specific invoice, asset or purchase order.See working capital Funding typeInvoice discountingFunding against invoices already issued to customers.See invoice discounting Funding typePurchase order fundingFunding used to fulfil a confirmed purchase order.See purchase order funding Funding typeTender fundingFunding for a business that has already been awarded a tender and needs capital to deliver the work.See tender funding Funding typeAsset financeFunding to buy a business asset such as a bakkie, truck, machine or equipment.See asset finance

We work with retailers, hospitality operators, contractors and transport businesses across these funding types. Sector-specific guides are coming later; for now, start from your situation or the funding type above.

Looking for development finance? SEDFA, IDC and NEF are government and development funders with their own separate application routes: we explain how they differ, rather than sending every enquiry down that path.

How it behaves

Funding doesn't all work the same way

Tied to an invoice

Invoice discounting (debtor finance) advances part of the value of invoices you've already issued, settled as your customers pay.

A general facility

Working capital funding isn't tied to one invoice, asset or purchase order, and is usually repaid on a fixed schedule.

Tied to an asset

Asset finance for a bakkie, truck, machine or equipment, usually repaid monthly over an agreed term.

Diagrams show the shape only, not amounts. Compare invoice discounting with working capital

Not sure which one fits?

Tell us what's happening and we'll point you at what tends to fit.