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)

How to Secure A Business Loan

You must own an Existing Business

And you need to:

  • have owned your business for at least 1 year and
  • been trading from the same premises for at least 1 year and
  • either own or have a lease for the premises for at least 1 year
    and have the following….

Ideally, you need credit card sales, EFTPOS transactions or regular cash flow through your bank account.

Credit Profile
Ideally you, your partner and your business needs to have a clean credit profile but assistance can be given in the form of cash flow capital, in some circumstances, where the credit profile is not good.

Ideally your business needs to be profitable but if not, still send us your application and we will advise on what bridging finance can be arranged

No collateral will be required for a line of credit, unless the lender considers the loan to be high risk.

Repayment of term loans for business, is by daily or weekly debit order

Repayment Term
From as short as 3 months to 12 months to pay back the trading loan

What Types of Business
All and any type of existing businesses, as long as there is regular cash going through your bank account.

How may the money be used
You may use the money for any legal purpose but ideally it will be to expand your business, pay debt, buy more assets, pay tax or any other business related activity

Risk to You
There is no risk to you if you however, if you do not make repayments the lenders will take legal action

Own Contribution
No deposit is required for the unsecured loan advance