Don't let cash flow slow you down: Our Business Cash Advance gives you the financial freedom to invest in your dreams. Whether it's scaling up your marketing, expanding your product line, or modernising your business, you decide how to unlock your full potential.
Ready to take your business to new heights? Peach Payments Cash Advance is your launchpad. Supercharge your sales and marketing initiatives, invest in innovative technology, or expand your team to handle increased demand.
Everything you need to know about the Peach Payments Cash Advance Program. If you can’t find the answer you’re looking for?
The BCA product assesses affordability based on your sales performance through Peach Payments.
The product is based around a business owner selling a portion of the business’s future revenue to
Lulalend for a fee. This funding arrangement is possible because the business uses Peach’s payment
services.
If a customer qualifies for a BCA a pre-qualified offer amount will be presented via a mailer & unique URL. The customer just needs to complete a short application process and wait for the funds to be deposited into their bank account.
Funding amounts range from R3000 up to R500 000 but are dependent on the sales volume of the business. Larger businesses with higher sales volumes will get higher offers. This funding can be borrowed for periods of 3 - 12 months.
The advance is repaid in small, weekly installments via debit order to help merchants manage their cash flow
We are focused on responsible lending and use our automated analysis and data models to establish affordability. Based on the sales data provided, the offer has been tailored to ensure we do not over-indebt a business as we aim to build a long term relationship with customers to assist with business growth.
At this time, we are unable to offer a re-advance. In order to access more funding, you can settle your current balance and re-apply for further funding.