Makro Cashflow Funding - TymeBank (FAQ)

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Makro Cashflow Funding – Frequently Asked Questions (FAQ)

Makro Marketplace, in partnership with TymeBank, offers Makro Cashflow Funding — a working capital solution designed to help our sellers grow their business.

1. What is Makro Cashflow Funding?

Makro Cashflow Funding gives you access to fast, flexible funding based on your business’s future turnover. It’s a simple 3-step application process, and once approved, funds are transferred to your bank account within 24 hours (after final checks).

How it works: TymeBank "purchases" a portion of your future turnover and provides you with a cash advance.

Example: TymeBank purchases R100,000 of your future turnover and gives you R80,000 upfront. You repay until the full R100,000 is recovered (R20,000 is the fixed fee).

2. Why has Makro partnered with TymeBank?

Reliable funding is crucial for sellers to scale. TymeBank is a trusted South African financial institution with a strong reputation for helping small businesses access tailored, fast-tracked working capital.

3. What are the qualifying criteria?

To qualify, your business must:

Generate at least R30,000 in turnover per month
Be operational for a minimum of 6 months
Have at least 3 months of consistent trading history

4. How much funding can I access?

Eligible sellers can receive between R20,000 and R5 million, depending on your business turnover and trading history. The actual offer is based on performance data from Makro Marketplace.

5. What is the interest rate?

Makro Cashflow Funding is not a loan. It’s a Purchase and Sale Agreement with a fixed fee and no interest or hidden costs.

6. What is the term?

You can select a term between 6 to 12 months. The application screen includes a slider that lets you preview the cost and duration.

7. Can I settle early?

Yes, there’s no penalty for settling your funding early. If you repay before the end of your selected 6 to 12-month term, you may qualify for an early-settlement discount - calculated according to how much you’ve repaid.

8. How long does it take to receive the funds?

Once final checks are complete, the funds can reflect in your account within 24 hours.

9. How do repayments work?

You can choose between:

Variable: Linked to your monthly turnover, repayments may change month to month
Fixed: A consistent monthly repayment amount

10. Can I apply for further funding?

Yes. If you're managing your current repayments well, you may qualify for a re-advance, allowing you to access more funds before your existing funding is fully repaid.

11. Can I apply if I already have funding from another provider?

No. To maintain responsible lending practices, you must settle other business funding agreements before applying.

12. What can I use the funding for?

There are no restrictions. You can use it for:

Buying stock or bulk inventory
Expanding product lines
Running paid digital campaigns
Hiring staff (e.g. virtual assistants or support agents)
Enhancing delivery and packaging operations

13. What are the benefits?

Simple online application
Choice of fixed or variable repayments
No early settlement penalties
Early settlement discount available
Quick access to re-advances
Designed specifically for online sellers

14. I didn’t update my CIPC registration, but I have a liquor licence. Will this work?

No. If you're registered with CIPC, your registration must be up to date before applying. This does not apply to sole proprietors.

How to apply

Visit makro.retailcapital.co.za/marketplace to learn more or submit your application.