How can I use Yoco Capital?
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.
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 an early settlement. The banking details will be provided for the funds to be paid.
IMPORTANT: The Yoco team will also need to know when you plan to make the payment, as they’ll need to stop the deduction for that day.
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 advise you accordingly.