Unlocking Growth through Tender Finance
Actively pursue and fulfil lucrative tenders, without the burden of upfront costs hindering progress.
Our tender finance in South Africa provides businesses that have been trading for more than 12 months with a compelling opportunity to expand their horizons.
With unsecured business funding, businesses can capitalise on tenders, with the necessary upfront capital to accept and complete projects. This can drive growth and pave the way for future contracts.
Get fast tender funding for your business through Business Loans.
Getting the best tender funding offer
We work with a network of trusted lenders to get businesses the best financing offers for their needs. This includes tender finance of up to R6 million.
Simply apply online and we’ll use our expertise to find you the most competitive offer. We’ll facilitate the approval process and ensure you get the funding your company needs – quickly and easily.
What is tender finance?
Tender finance is a specialised type of business loan, designed to help a company meet the costs of fulfilling an official tender.
Pay suppliers and meet other project costs so your business can complete the work, to specifications and on time.
Who can apply for a tender loan?
You can leverage this type of funding if your business is a registered company and has been awarded a qualifying tender.
This could be any official tender. For example, finance is often approved for government and construction tenders.
How to apply for tender finance
We ensure that the process is fast and efficient – and there are no monthly payments. Pay back the funds weekly.
Apply online
Simply complete and submit our online application form, with details of the official tender your company has been awarded. Our entire process is paperless, and there’s no need for an office visit.
Speak to a loan manager
One of our specialised loan managers will respond promptly, requesting any needed documents and explaining what you can expect, so there are no surprises.
Review a funding offer
We’ll provide the best available tender funding offer from a network of trusted lenders. Once you’re ready to proceed, a loan agreement will be prepared for signature
Receive funding
Once an agreement is approved and signed, the loan amount is transferred directly to your business account via EFT.
Repayment
26 equal, weekly instalments. Calculated by adding the loan amount to the interest charged and dividing by 26 weeks.