Unlocking growth · Powering progress

We don't lend you money.
We buy your stock.

Mustard settles your supplier's invoice directly, delivers to your shelves, and collects in 30 days. Up to R250 000 for spaza stores, distributors and mini-wholesalers — formal and informal.

Apply for an advance →See how it works
A small South African shop front with branded signage
Merchant Stock Advance
Advance ticket
MSA-2026-4418
MerchantKatlehong Spaza & Cash Store
SupplierReef Wholesale Foods
Order · Thusa146 cases · 8 lines · 720
AdvanceR 42 680
Term 30 days
Due
Paid to supplier, not to merchant
APPROVEDThusa Engine
R250 000Maximum advance per merchant
30daysOne repayment, agreed up front
100%Of the supplier invoice, settled direct

Five ways we fund

What are you waiting on?

  1. 01Stock for my shelvesMerchant Stock AdvanceWe pay your supplier. You repay once, in 30 days.
  2. 02Cash to deliver a contract I've wonPurchase Order FinanceFunding your promise. Enabling your growth.
  3. 03Payment on an invoice I've issuedDebtor DiscountingYou've done the work. Don't wait forever to get paid.
  4. 04Capital to grow my craftArtisanal FundInvesting in the people who build our economy.
  5. 05A finance programme for my ecosystemSpecial ProjectsDesigning innovative finance for your ecosystem.

The gap we close

A bank wants three years of audited financials. Your supplier wants cash before the truck leaves.

Customers queueing at a local shop counter

Stock is the only thing a retail business actually runs out of. Shelves empty on a Thursday, the wholesaler wants payment on delivery, and the money is still sitting in last week's sales.

Traditional credit cannot see this business. No audited statements, often no bureau record, rarely an asset to pledge. So the shop trades at the size of its cash tin — forever.

We use finance and technology to restore the dignity of African entrepreneurs locked out of traditional systems of commerce and finance. Not with a different loan product — with a different question: what have you already proven you can sell?

How it works

Four steps. Thirty days. No cash in between.

Step 01 / 04

01

You place the order

Order from the wholesaler you already buy from. Nothing changes about how you trade, or who you trade with.

Merchant → Supplier
02

Mustard settles it

We pay the supplier's invoice directly, in full, on your behalf — up to R250 000 against your trading record.

Mustard → Supplier
03

Stock hits your shelves

The order ships on the supplier's normal delivery run. You sell it the way you always have.

Supplier → Merchant
04

You repay in 30 days

One repayment on agreed terms. A clean record raises your ceiling for the next cycle.

Merchant → Mustard

Try it · Merchant Stock Advance

Build an advance.

Retailers don’t think in loan amounts — they think in cases. Add what you need to restock and watch the advance build against your R250 000 ceiling.

Maize meal
12.5 kg × 4
R 520 / case14
Soft drinks
2 L × 6
R 148 / case22
Cooking oil
2 L × 6
R 390 / case10
Rice
10 kg × 2
R 330 / case8
White sugar
2.5 kg × 8
R 395 / case6
Washing powder
2 kg × 6
R 420 / case0
White bread
700 g × 12
R 210 / case0
Canned goods
400 g × 24
R 430 / case0
Paraffin
5 L × 4
R 355 / case0
Airtime & data
voucher block
R 1 000 / case0
Order summary
Lines5
Cases60
Sellable units312
Repayment due
Advance required
R 19 446
8% of ceilingR250 000

Within your ceiling. One repayment of R 19 446 on .
Illustrative case prices for demonstration. Your actual advance is set against your supplier’s invoice and your Thusa score.

Thusa Engine · our credit scoring engine

Your purchase history is your credit file.

Thusa — to help. It scores what a merchant has actually done: what they buy, how often, how consistently, and how they settle. Trading performance, not macro conditions.

720of 900
Sample profileKatlehong Spaza & Cash StoreTrading 4 yrs 2 mo
38 supplier orders on record
Ceiling unlocked · R55 000
Thusa Engine dashboard showing a score of 720
Thusa Engine · credit scoring for informal businesses
What a bank reads
✕Three years of audited financials
✕Fixed assets to pledge as security
✕A credit bureau record
✕Payslips and a formal lease
✕Sector-wide macro outlook
What Thusa reads
✓Purchase history with your supplier
✓Order frequency and basket consistency
✓Repayment behaviour, cycle on cycle
✓Seasonality of what you actually sell
✓Performance of the shop, not the sector

Who we fund

Built for the shops that actually move the stock.

A shopkeeper beside stocked shelves

Spaza stores

The corner shop that sells out by Thursday. Restock the full basket instead of the half you can afford today.

A trader talking with a customer at a street market

Distributors

Carrying the gap between what your route needs and what your own terms allow. We fund the load, you run it.

Boxes of fresh produce at a market stall

Mini-wholesalers

Buying in bulk is where your margin lives. Take the volume price without draining the float.

Wholesalers we work withBig SaveCambridge FoodDevland
Capital partners

For wholesalers & FMCG manufacturers

Offer your customers stock on credit. Carry none of the risk.

Mustard sits inside your existing value chain as embedded finance. Your customers order more, more often — and we settle you in full, on your normal terms.

Talk to partnerships
You keepThe customer relationship, your pricing, your delivery run.
We takeThe credit decision, the collection, and the default risk.
You gainLarger baskets and shorter reorder cycles from buyers previously capped by cash.
You getSettled in full on invoice — no debtors' book, no chasing.

Applications open

Full shelves by next delivery.

Tell us who you buy from and what you buy. If your trading record holds up, we’ll settle your next order directly with your supplier.

Stock advance applicationForm MSA-01 · Takes about 2 minutes
Your business
Your supplier
The advance

Maximum R250 000, repaid in 30 days.

Mustard Finance Group (Pty) Ltd · Registered credit provider.
We never charge a fee to apply.

Up to R250 000 · 30-day terms · Or call +27 (0)11 575 6000