Secured Business Loan

R250 001 – R5 000 000 with a maximum loan term of 7 years

Requirements
  • Start-up businesses and existing businesses may apply for these loans.
  • You must have a minimum own contribution / equity in the business of 10%.
  • You must have a minimum collateral of 50% of the loan amount.
  • Provide us with the most recent Financial Statements / Management Accounts. (if applicable)
  • Financial projections for the next 12 months.
  • Provide us with your personal and business bank statements for the last 3 months.
  • Provide us with a pro forma Invoice of what you want financed.
  • Certified company registration documentation.
  • Certified FICA documentation. (ID, proof of address, SARS income tax and VAT number if applicable)

Unsecured Business Loan

R15 000 – R250 000 with a maximum loan term of 3 years

Requirements
  • Only existing businesses that have been trading for a minimum of 6 months may apply for these loans. (start-up businesses do not qualify)
  • You must have a minimum own contribution / equity in the business of 10%.
  • Provide us with the most recent Financial Statements / Management Accounts.
  • Provide us with your personal and business bank statements for the last 6 months.
  • Provide us with a pro forma Invoice of what you want financed.
  • Rental statement from the landlord for the last 6 months.
  • Certified company registration documentation.
  • Certified FICA documentation. (ID, proof of address, SARS income tax and VAT number if applicable)

Merchant Business Cash Advance

Cash advance of up to R1 000 000 with maximum repayment term of 3 years

Requirements
  • Existing businesses that have been operating for at least 6 months may apply for these cash advances. (start-up businesses do not qualify)
  • 50% or more of your turnover must be from card transactions.
  • Annual projected turnover must preferably exceed R1m.
  • The business must be profitable.
  • Bridging Finance & Purchase Order Financing deals do not qualify.
  • Provide us with the most recent Financial Statements / Management Accounts.
  • Provide us with 6 months merchant POS (Point of Sale) statements.
  • Provide us with your personal and business bank statements for the last 6 months.
  • Rental statement from the landlord for the last 6 months.
  • Provide us with a pro forma Invoice of what you want financed. (if applicable)
  • Certified company registration documentation.
  • Certified FICA documentation. (ID, proof of address, SARS income tax and VAT number if applicable)

Purchase Order / Vendor Assistance

Assistance of between R10 000 – R25m for Purchase Order / Vendor Contracts normally not exceeding 3 months.

Requirements
  • Start-up and existing business entities may apply for Purchase Order / Vendor Assistance.
  • The business must have a valid PO (Purchase Order) from a reputable large corporate business (LCB).
  • The business must have a valid quotation from a reputable supplier.
  • Purchase order / vendor contracts with performance risk will not qualify.
  • Purchase order / vendor contract deal term should preferably not exceed 3 months.
  • Provide us with your personal and business bank statements for the last 6 months.
  • Rental statement from the landlord. (if applicable)
  • Certified company registration documentation.
  • Certified FICA documentation. (ID, proof of address, SARS income tax and VAT number if applicable)