"To keep cash flow steady while waiting for clients to pay, you can use a GoTyme Business Advance to bridge the gap."
- Use a GoTyme Business Advance to bridge the gap while waiting for payments
- Keep a cash reserve to cover your daily costs
- Track your invoices with simple accounting software
- Agree on clear payment terms with your clients to get paid faster
Waiting for clients to pay is one of the biggest challenges for South African business owners. While your customers take their time to settle accounts, your daily expenses like supplier bills, rent and payroll do not stop. This waiting game puts pressure on your cash flow and can make it hard to grow your business. When you are stuck waiting for weeks or even months, it feels like your hands are tied.
Fortunately, you can beat these payment gaps. A GoTyme Business Advance acts as a stress-free bridge, giving you quick access to funding based on your sales trends. You can use this capital to handle daily costs easily while you wait for those outstanding invoices to clear. This means you never have to turn down a new project or miss out on stock opportunities just because of a temporary cash shortage.
We do things differently at GoTyme Bank. We do not use confusing interest rates or percentage-based fees. Instead, a GoTyme Business Advance comes with just one fixed fee that we agree on upfront. You will know exactly what you owe from the very start, with no hidden costs or surprises later on. When it comes to making payments, we keep things simple and give you options that fit your cash flow. You can choose a fixed, set payment amount per day or week. If you prefer, you can go with flexible payments that adjust with your business turnover. This keeps you firmly in the driving seat.