Cash Advance

Paying your Cash Advance

As an iKhokha merchant, you can pay your Cash Advance by simply using your iKhokha card machine. You will pay the advance as a percentage of your future card sales with a flat fee.

The best part is that there’s no compound interest!

The total amount that is payable does not increase, regardless of how long it takes you to pay your Cash Advance.

This means that you never have to break the bank every month like you would with a conventional loan. Every swipe, insert and tap helps you pay your advance, allowing you to focus on growing your business.

The iKhokha Cash Advance definitely helps take your business to the next level.

Here’s how you can qualify for a custom Cash Advance offer:

  • Be an active iKhokha merchant
  • Must have traded for the past 3 months consecutively
  • Your turnover should be at least R2 500 per month

The more card transactions you process, the quicker it will take you to pay off your advance.

Want to give your business that kickstart? Click here.