Ways to use opportunity capital to grow a retail business. Photo: Pixabay.com
Gerhard Le Roux believes that credit is a vital lifeline and growth catalyst for retail businesses around the world.
Ways to use opportunity capital to grow a retail business. Photo: Pixabay.com
Gerhard Le Roux, Head of Capital Growth at Capital Connect is on a mission to ensure that the retail market drive growths in many ways including access to opportunity capital.
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Le Roux believes that credit is a vital lifeline and growth catalyst for retail businesses around the world. Quick access to affordable and flexible finance is vital in every stage of a retailer’s lifecycle, from starting up operations to fuelling growth and accessing operating capital to thrive through tough times.
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Here are some ways to use opportunity capital to grow a retail business include:
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Le Roux added: “Our experience suggests that many merchants find that traditional lenders are reluctant to approve loans for business growth and that their underwriting processes take so long that the opportunity is often gone by the time a loan is approved. Fintech lenders are addressing this gap by offering fast access to capital”.
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