Sales of R 1 million or more in the last 12 months, then APPLY NOW !

NO START-UP businesses ! ( No Business less than 12 months old)

Frequently Asked Questions


Got questions about business loans in South Africa? We answer your FAQ below…

Who Can Apply for a Business Loan?
Only existing business that have been in business for longer than one year, at the same premises and with the same owner. If your business receives credit card sales, EFT/POS or regular cash flow through the bank account, you can apply for business funding. Rent/bond must be up to date.

Who Cannot Apply for Business Finance?
Start-up and bankrupt business; foreclosures and private personal loans.

How Much Can I Apply For?
Minimum of R 30 000 and maximum of 100% of monthly turnover for no security loans.

How Long does It Take
Applications for business loans can be as quick as 5 working days, IF you provide all the information requested and your business fits the lending criteria.

Renewal Of Loan – Further Loans
These can be reconsidered but are subject to review of each application.

How Quickly Can I Pay The Business Loan Back?
Ideal repayment period is 6 months by debit order.
Some business loan lenders can adjust the repayments to a percentage of your cash inflows.

What is the application process?

  1. Fill in the Enquiry Form – on this website and submit.
  2. Complete The Application Form – will be sent to you automatically.
  3. Submit Supporting Documents – 6 months bank statements and ID’s.
  4. Desk Top Assessment – is done by lender who may then call for additional information.
  5. Loan Approval – If loan approved, a loan agreement detailing all costs, is sent to you.
  6. Transfer of Funds – funds are transferred once loan agreement is signed.
  7. Repayment – is by means of a daily or weekly debit order.

Compulsory Supporting Documents

  • 6 months bank statements.
  • ID documents all members.
  • Company Registration Documents.
  • Copy of Property Lease or Title Deed ( if owned).
  • Application Form completed.
  • Costs and Fees Estimates.

Once off interest cost of 25% (depending on which lender assists you).
Average loan term 6 months to 9 months.
No hidden costs.
Note: Full details of costs will be on the lenders proposal.

What Can I Use The Business Loan Money For?
Renovations, Stock, Advertising, Marketing, Repairs, Income tax/VAT/PAYE payments, opening new stores and almost any legal use that your business has for the business loan funding.

What Types Of Loans Are Available
Restaurant loans, retailer business loans, hospitality business advances, fuel company funding, fast food franchise loans, hardware business funding, motor trade, liquor, hotel, small business loans, SMME funding and almost any type of industry can secure affordable business loans.

Source Of The Business Loans?
Business loans and business finance from our lenders are sourced from big banks, niche banks, small banks, private lenders, overseas loan assistance programs, BEE programs and many other loan sources.

Compliance And Legality
The loans offered are in full compliance with all relevant South African regulations.

NO Start-Up Businesses
If you do not have an existing business with a trading history, then we unfortunately cannot assist.

What is needed for a Preliminary Assessment 

Step 1 – Confirmation of the following:

  • That have owned the business for at least one year.
  • You have traded from the same premises for at least one year.
  • You have a lease or own the premises.
  • Your turnover exceeds R 360 000 per annum.
  • You have a business bank account with credit card sales or EFT’s.
  • Rent or bond payments up to date.
  • Compulsory documents ( see below ).
  • Compulsory Supporting Documents.
  • 6 months bank statements.
  • ID documents all members.
  • Application Form completed.
  • Other Documents.
  • The lender may call for additional documentation to support the loan repayment.

Loan Conditions:
The business loan is granted at the sole discretion of the lender.

Funding For Business Product Names
Financing solutions that are available are known by different names such as: retail capital, business advances, asset finance for businesses, bridging finance, bridging loans, franchise loans, franchisee loans, restaurant loans, working capital loans, revolving business credit, small business loans, unsecured business loans, business funding for SMEs.