Frequently Asked Questions
CASH LOANS FOR BUSINESS – WE CAN HELP! GET A BUSINESS LOAN FOR YOUR ESTABLISHED BUSINESS IN AS QUICKLY AS 1 DAY!
Who can apply for an unsecured business loan?
Only established business that have been in business for over 12 months should apply. If your business received credit card sales, EFT’s, debit orders or POS payments through your business bank account, your business is eligible. You must have a good credit rating.
What types of loans are available?
Restaurant loans, retailer business loans, hospitality business loans, fuel company funding, franchise loans, hardware store loans, motor trade, liqor stores, hotels, small business loans, agricultural funding, enterprise finance. Almost any type of industry can secure business funding.
Source of the business loan?
Business loans and business finance from our lenders are sourced from big banks, niche banks, private lenders, overseas loan assistance programmes, Pollen BEE programs and funding agencies as well as the Business Development Fund in South Africa and Namibia.
Who cannot apply?
Start up businesses, bankrupt businesses, foreclosures, private personal loans or funding companies.
How long do I have to pay it back?
The standard period is 26 weeks of debit orders.
Are you compliant?
We only work with accredited and compliant loan providers.
The lender charges a fixed once-off interest charge of 25% of the capital amount.
How long does it take?
Loans can be approved in as little as 1 working day.
How much can I apply for?
From R50k up to R3million
What do I need for a preliminary assessment?
6 months bank statements that demonstrate regular cash flow.
Consent to credit search
Copy of lease agreement or bond
Copy of Director’s ID
Latest VAT statement
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