LOAN AMOUNT: R500K – R5M
LOAN FEATURES:
* Loan period from 12 to 24 months
* Fixed instalments with interest dependent on business credit risk score.
* Flexibility to refinance your facility at any time by accessing capital that has already been repaid.
* There are no early settlement penalties. You only pay for the period that the loan was active, not the entire period.
FUNDING CRITERIA:
* Trading history of 3 years or longer
*Management structure running the business must have been in place for more than 6 months.
* Your business must be a registered entity and have been fully operational for at least 12 months. We unfortunately do not fund sole traders, trusts, or partnerships.
INITIAL DOCUMENTS REQUIRED FOR APPLICATION:
*Your last 12 months of business bank statements. This helps us to give you an immediate and better response to your application.
Please Note:
*The 12-month bank statement of the business must be in PDF. You can download it from Your Internet Banking Platform or Bank App and e-mail to us as PDF. Please DO NOT scan the PDF bank statement.
*We will give you a reply within 24 hours.
*No collateral, No business plan, No cashflow forecasts, No own contribution, No paperwork
* No application fees, No early settlement fees, No initiation fee, No admin fee, No hidden fees
* You can use the money for any business needs; equipment finance, purchase order finance, improve working capital, purchase of inventory, refinancing, debt consolidations, emergency funding, payroll funding, etc.