Cash Flow Capital

What Cash Flow Capital does

Cash Flow Capital is a South African alternative business lender that provides short-term unsecured and secured financing to small and medium enterprises (SMEs) that are underserved by traditional banks. Founded in 2014 by Xan and Michail Myburgh, the company operates a four-product suite — Working Capital, Asset Finance, Trade Finance, and Forex Solutions — delivered through a unified online application portal with 5-minute applications, 24-hour decisions, and same-day funding. Its core differentiator is a proprietary credit model combining machine learning-driven predictive analytics with experienced human underwriters, allowing it to assess SMEs based on business fundamentals rather than traditional credit scores alone.

The company monetizes primarily through transaction fees and interest on funded loans, which are typically repaid via daily or weekly debit orders over 4-18 month tenors. Its go-to-market blends direct-to-SMB online acquisition with an affiliate partner channel (accountants, brokers, consultants) and operates through offices in Johannesburg, Cape Town, Durban, and Austin, Texas. Cumulative SME disbursements have scaled from R200 million (2016) to R2 billion (2026) across 3,700+ businesses, supported by senior debt facilities and underpinned by a 101-250 person team. Cash Flow Capital is now a subsidiary of Preference Capital Group, which in 2022 received a minority equity investment from Old Mutual with an option to escalate to a controlling stake.

Name

Cash Flow Capital

Legal name

Cash Flow Capital (Pty) Ltd

Website

https://cashflowcapital.co.za

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Cash Flow Capital is a South African alternative business lender providing short-term unsecured and secured financing (working capital, asset, trade, and FX) to SMEs underserved by banks, using a proprietary ML-driven credit model combined with human underwriters and a direct plus affiliate go-to-market.

Ownership category

akta.pro rank

Product category

Alternative Business Lending (SME Financing)

NAICS

Sales Financing (52222), Sales Financing (522220)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro industry

PRIMARYFSAKAGAD

Merchant Cash Advance (MCA) & Revenue-Based Financing

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

SECONDARYFSABABAF

SME Trade Finance & Working Capital (LCs, Guarantees, Receivables)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Commercial Banking (SME & Middle Market)

Keywords

• Alternative business lending
• SME working capital
• Asset finance solutions
• Trade finance services
• Foreign exchange solutions

Headquarters

HQ city

Pretoria

HQ country

South Africa

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Short-term Unsecured Business Loans: Provides alternative business financing to SMEs through short-term unsecured loans (typically 4-18 months). Revenue generated through interest and fees on funded amounts. Loans are repaid via daily or weekly debit orders from business bank accounts.
2. Working Capital, Asset Finance, Trade Finance, Forex Solutions: Multiple funding products including working capital loans, asset finance, trade finance, and foreign exchange solutions tailored to SME needs

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Cash Flow Capital provides alternative business financing to Small and Medium Enterprises in South Africa through four core funding solutions: Working Capital (short-term unsecured loans of 4–18 months), Asset Finance, Trade Finance, and Forex Solutions. The company underwrites applications within 24 hours using a proprietary credit model that combines predictive analytics with human underwriter judgment, and disburses funds within hours of approval.

Product overview

Cash Flow Capital is an alternative business lender providing unsecured and secured financing to Small and Medium Enterprises in South Africa. The company's core product suite consists of four main funding solutions: Working Capital (short-term unsecured loans), Asset Finance (secured asset-backed lending), Trade Finance (for import/export activities), and Forex Solutions (currency exchange). The company uses a proprietary credit model and intelligent automation technologies to underwrite SME loan applications within 24 hours, with funds disbursed within hours of approval. The four products share a unified application portal and distribution channel, differentiated by loan purpose, security requirements, and repayment structure.

Differentiator

Problem solved

Functional benefit

Products and services

• Working Capital Short-term unsecured business funding to help South African SMEs manage day-to-day cash flow needs. Loans are typically structured over 4–18 months and repaid via daily or weekly debit orders from the business's bank account, with revenue generated through interest and fees.
• Asset Finance Business financing for the acquisition of assets, enabling SMEs to purchase equipment or resources needed for their operations. Part of the core alternative financing suite offered by Cash Flow Capital.
• Trade Finance Financing solutions supporting SMEs engaged in import and export activities, facilitating trade transactions. Part of the company's core funding suite for South African SMEs.
• Forex Solutions Foreign exchange solutions for SMEs requiring currency exchange services, delivered through the Preference Capital ecosystem and partner Change Financial Solutions.

Quantifiable outcome

• R2 billion in financial backing provided to SMEs
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• SASFA (South African Alternative Finance Association)coreGTM or Marketing PartnerCash Flow Capital operates as a member of SASFA, which provides a code of conduct for fair and prudent lending practices. Members are governed by standards promoting responsible lending in the alternative finance sector.
• Going SocialminorGTM or Marketing PartnerDigital marketing training partnership where Cash Flow Capital offers SME customers subsidized access to social media training courses, with over 80% subsidy on course value.
• Change Financial SolutionscoreStrategic or Co-development PartnerPartnership for foreign exchange solutions integrated with Cash Flow Capital's funding products. Change Financial Solutions provides treasury management and forex risk services to SME customers.
• Preference Capital GroupcoreOthersCash Flow Capital is part of Preference Capital Group which comprises: Cash Flow Capital, Alternative Finance Solutions (Bizcash), Preference Capital Asset Finance, and Change Financial Solutions. The group provides diverse SME finance solutions including funding, insurance, and forex services.
• Sisizana Community PlatformminorGTM or Marketing PartnerPartnership with graphic design and marketing specialist referral service for brand assistance recommendations.

Scale indicators9 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Lulalend: South African online SME lender providing short-term working-capital loans with fast digital decisioning. Directly comparable to Cash Flow Capital on customer segment (SMEs), product (short-term unsecured working capital), and technology-led underwriting.
• Merchant Capital: South African alternative funder offering working-capital advances and asset/equipment finance to SMEs, particularly in retail and hospitality. Comparable product mix (working capital + asset finance) and customer profile to Cash Flow Capital.
• Bridgement: South African online SME working-capital lender providing fast, short-term unsecured advances via a digital platform. Directly comparable to Cash Flow Capital on product, speed, and target SME borrower.
• Lula: South African fintech providing working-capital advances, business insurance, and other SME finance products through a digital portal. Overlaps with Cash Flow Capital on the working-capital product and SME target market.
• Fundrr: South African digital SME lender offering short-term working-capital advances via an online application. Competes head-to-head with Cash Flow Capital on speed of decisioning, loan size, and target SME segment.
• Bizcash (Alternative Finance Solutions): Sister company inside Preference Capital Group providing short-term unsecured business loans to South African SMEs. Operates the same alternative-lending model with a similar self-serve application portal and daily/weekly repayment structure.

Broad incumbents

• TymeBank: South African digital bank offering SME banking and credit products to small businesses. Overlaps with Cash Flow Capital as a digital-first provider of credit to South African SMEs, but operates from a deposit-funded banking licence.
• Old Mutual SME Finance: South African financial-services incumbent with an SME finance offering; now a minority shareholder in Cash Flow Capital's parent Preference Capital Group. Comparable as a provider of holistic SME funding solutions in South Africa.

Emerging players

• Sanlam Indie: South African digital SME financing platform offering working-capital and credit products to small businesses. Comparable as a digital-native alternative lender targeting the same underserved SME market.
• Jumo: Africa-focused digital lender originally built around mobile-network operator data, now expanding into SME credit across multiple African markets. Comparable as an ML-driven alternative lender targeting the underbanked SME segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/cashflowcapitalafrica
• LinkedInlinkedin.com/company/cash-flow-capital-south-africa
• Instagraminstagram.com/cash_flow_capital_sa
• Xx.com/CashFlowCapita1

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cash Flow Capital