Data collected by Retail Capital shows that retailers had a tough time in December, as Business Live reports (see link).
The team at Business Report also carried a story (see link) on the data collected by the company.
Retail Capital was established to provide businesses with an alternative funding solution to traditional small business loans. It provides working capital to small businesses, the majority of which accept debit and credit cards as a payment method. Since 2011, the company has advanced close to R1 billion to thousands of businesses including restaurants, retailers, beauty spas and medical practitioners.
For further details, visit www.retailcapital.co.za