"A GoTyme Business Advance gives qualifying manufacturers access to upfront funding that can be used to buy raw materials in bulk, invest in machinery or prepare for large orders."
- Access funding based on your business turnover and trading history.
- Choose fixed payments or flexible payments that adjust with turnover.
- Know the full funding cost through one fixed fee agreed upfront.
- Apply online without offering business or personal assets as collateral.
Manufacturing businesses often need to pay for raw materials before finished products generate income. When a large order arrives or a supplier offers useful bulk pricing, limited cash flow can make it difficult to act at the right time. A GoTyme Business Advance can give your manufacturing business an upfront cash amount to help cover these costs. You can use the funding to buy raw materials, replace equipment, expand your facility or prepare for a large or urgent order.
A GoTyme Business Advance provides a lump sum that you can use for different business needs. Qualifying manufacturing businesses can access up to R5 million, subject to assessment. The funding is unsecured, which means you don’t need to provide business or personal assets as collateral. There is one fixed fee agreed upfront, so you can see the total cost before accepting your offer. You can choose fixed payments for greater predictability or flexible payments that adjust with your turnover.
You can apply online by providing information about your business and its recent banking activity. You can securely link your bank account or upload your latest bank statements. We’ll consider factors such as your monthly turnover, trading history, banking activity and credit profile. Approval, the amount available and your payment options will depend on the outcome of our assessment. A GoTyme Business Advance can help you buy the supplies or machinery your manufacturing business needs without waiting for enough cash to build up. Before accepting your offer, check that the purchase supports real demand and that the payments fit your expected cash flow.