Getting Started


Capital FAQs


What is Yoco Capital?

Yoco Capital is an upfront sum of cash that is provided to a Yoco merchant in exchange for a fixed percent of future card sales.

How does Capital work?
  • We tailor a offer to you based on your transaction history with your Yoco device.
  • Your offer will be made available here: portal.yoco.co.za/capital.
  • You will be made aware of all costs and the final amount payable prior to accepting or declining your capital offer.
  • You pay back your capital amount automatically with a percentage of your Yoco card sales as per the agreed holdback percentage. The higher your sales, the faster you repay. On days without sales, you won’t pay anything, and there is no fixed term within which you need to pay.
How is this different from a loan?
  • Yoco Capital  is not a loan or debt instrument. It is, however, a type of financing that is linked to a merchant’s previous trading patterns and future turnover.
  • It differs from a loan in that you do not have to disclose the reason for your capital requirements.
  • It differs from a loan as there is no accruing interest but rather a once-off flat rate - the final amount you see when applying is the total amount you will pay back over time, even if you go over your ideal repayment period.
  • There is almost no admin and zero paperwork involved - your contract with the respective offers are available in your Business Portal and is accessible within 3 simple steps.
Are the terms/ months fixed?

No, the terms are estimated based off Yoco card transaction history. If your Capital Deduction Plan rolls over past the agreed upon terms, there will be no penalties and no added interest incurred.

What is the interest rate?
  • With the Yoco Capital, there is a fixed cost of finance (fixed once-off rate) rather than an interest rate applied to the capital sum. The cost of finance will be seen during the application process (prior to accepting or declining your offer) and would be able to view their respective options.
  • The amount you see in the application is the total amount, no additional late fees, interest fees etc.

  IMPORTANT: The total payable amount is Capital principal + Cost of Capital + processing fee.

What is a holdback rate?

It is the percentage of your Yoco transactions that is contributed directly to the repayment of your Capital plan. This means that you will contribute more on busy days but will not be penalised on quieter days.  The aim is to minimise impact to your cash flow throughout the month.

How does one access Capital?
  • As the owner/ director, log in to your Business Portal with the owner/ director login credentials. 
  • As a Yoco merchant, you have access to Capital as soon as you have been with Yoco for 3 months or more, and have been processing card transactions with your Yoco device.
  • Once you offer has become available, simply access your Yoco Business Portal and select the Capital menu item to find out more information.  You will also be able to apply directly from your merchant portal with a decision given in seconds.
What are the minimum requirements to qualify for Yoco Capital?
  1. Merchants need to have been trading for a minimum of 3 months with Yoco, and...
  2. ...a minimum of 10 Yoco transactions a month, and...
  3. ...the average Minimum Yoco Card Turnover must be more than R 4000 per month.
Do I have to be a Yoco merchant to obtain Capital?

Yes, Yoco merchants are able to access Capital given that the minimum requirements are met.

I have Yoco, but not a Capital offer. Why not?

Your business has to meet the minimum requirements to qualify for Yoco Capital. Select the Let me know button on your capital page and we will call you as soon as an offer becomes available.

How long does it take for the Capital to be paid into my account?

The Capital is paid into your bank account within 24 - 48 hours.

How do I view the deductions on my current Capital plan?

Log into the Business Portal, select Capital, and you will be able to view your deduction plan to see how much Capital you have contributed towards repayment, and how far you still have to go.

Can I pay lump sum deposits and/ or do an early settlement?

Yes, you’ll need to get in touch with Yoco and let them know that you would like to make a deposit or early settlement. The banking details will be provided for the funds to be paid into.

  IMPORTANT: The Yoco team will also need to know when you plan to make the payment as they’ll need to stop the daily deduction for that day.

What can I use Yoco Capital for?

Yoco Capital can be used for any operational financing for the business - renovations, stock purchases, new machinery/ equipment, training courses, expansion plans or simply pushing through a bad business period.

Can I get another Yoco Capital offer?

Yes, you simply need to complete your first Capital Plan in order to obtain a potential follow up Capital offer. Once your initial Capital Plan is settled, reach out to the Capital team at Yoco and they’ll be able to advise you accordingly.

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