Agriculture Loans

Agriculture Loans

BL Types

Grow your agribusiness with up to R6 million in funding

Apply

Access flexible agriculture loans to meet the unique demands of the agricultural season, without needing to use your farm’s land or major assets as security.

All we need from you? 6 months bank statements to assess your application!

Loan Conditions

Loan Term: From 2 month to 6 months options
Minimum Loan: R 50 000
Maximum Loan: R 6 000 000
Interest: 25 % for 6 months term
Business Age: Minimum 1 year old
Business Turnover: R 1 million per annum or more
Premises: If leased, then leased for minimum of 1 year. If owned, then at least one year old
Start Ups: NO START UP business applications will be considered

Cost Schedule

  • Minimum Term – 6 months
  • Maximum Term – 6 months
  • Minimum APR – 50 %
  • Maximum APR – 50 %

Example :

  • Loan R 100 000
  • Term 6 months
  • APR 25 %
  • Repayment R 125 000

Subject to lenders Terms and Conditions at time of quote

Boost your agribusiness with our quick business loans

Agriculture and agribusiness in South Africa form a vital sector, constantly navigating the unpredictable cycles of seasons, weather patterns, and market fluctuations. Farmers and agribusinesses frequently require timely access to capital for crucial investments like seeds, fertilisers, equipment maintenance, and labor costs, often before a harvest generates income.

Traditional agricultural finance can be heavily reliant on securing loans against valuable farm assets, which might not always be feasible or desirable. Unsecured business loans loans provide a dynamic funding solution, offering a quicker and more accessible way to inject capital into your farming operations and related agribusiness ventures, based on your business’s financial health and operational performance, not just your fixed assets.

Use your business loan for…

Purchasing Seasonal Inputs

Quickly secure funds for seeds, fertilisers, pesticides, or animal feed right when they’re needed for planting or livestock cycles.

Urgent Equipment Repairs

Cover the cost of unexpected repairs to tractors, irrigation systems, or processing equipment to avoid costly downtime.

Hiring Seasonal Labour

Ensure you have the necessary workforce during peak planting or harvest periods by covering temporary payroll expenses.

Bridging Payment Cycles

Manage cash flow between selling produce and receiving payment from markets or distributors.

You qualify for funding if…

Your business has been trading for 12 months

You have made over R1 million in sales over the past year

You've got 6 months bank statements ready to submit

You are NOT a start-up - in other words you have a proven track record and order book older than 1 year.

Apply For Unsecured Business Loan

How does a business loan work?

Obtaining an unsecured business loan, whether for primary farming or related agribusiness activities, is a streamlined process designed to provide swift access to funds:

  1. Convenient Online Application: The process starts with a simple and efficient online application form. You’ll provide essential details about your agricultural or agribusiness through a secure digital platform, saving you valuable time that can be better spent on your operations.
  2. Dedicated Vendor Contact: Once your application for agriculture funding is submitted, it will be quickly reviewed. A vendor representative specializing in agribusiness loans will contact you to guide you through the rest of the process and understand your specific funding needs for your farm or agribusiness.
  3. Submission of Supporting Documents: To assess your application for an agriculture or agribusiness loan, you will be asked to provide relevant supporting documents. These typically 6 months bank statements, which help the lender evaluate your farm or agribusiness’s income, expenses, and overall financial stability without requiring asset valuations.
  4. Fast Approval: Leveraging efficient digital processes and financial assessment tools, a lending decision on your agriculture or agribusiness loan can be made rapidly. Approval can be granted in as little as 24 hours, providing you with timely access to the funds necessary to address the immediate financial demands of your agricultural cycle or agribusiness operations.

How repayments work

Business loan repayments typically involve making regular installments over a specified period. These installments are designed to pay off both the principal amount borrowed and the interest accrued on the loan.

Repayment Schedules:

  • Fixed Installments: The most common repayment schedule involves fixed weekly payments over 26 weeks. This means you’ll pay the same amount each time. See cost schedule above for more information.

Early Settlement:

You can opt to pay off the loan balance in full before the scheduled maturity date. There is NO peanlty fee for early settlement.

Late Payments:

If you miss a loan payment or make a late payment, you may be subject to late fees and penalties. These can increase the overall cost of the loan.

Default:

If you fail to make your loan payments for an extended period, you may be considered in default. This can have serious consequences, including legal action, damage to your credit score, and potential loss of business assets.

It’s important to understand the repayment terms of your loan and plan accordingly. Consider factors like your business’s cash flow, expected income, and any potential fluctuations in your industry when budgeting for loan repayments. If you’re having trouble making payments, it’s advisable to contact your lender as soon as possible to discuss possible solutions, such as restructuring the loan.

FAQs

What is an agricultural loan?

An unsecured business loan for the agricultural sector provides funding based on the financial performance and cash flow of your farm or agribusiness, rather than requiring you to offer assets like your land, tractors, or irrigation systems as collateral. It’s a flexible form of agriculture and agribusiness finance.

Why might a farmer or agribusiness choose an unsecured loan instead of a traditional agricultural loan?

Unsecured agriculture and agribusiness loans offer faster access to funds and don’t encumber your primary operational assets. This is particularly useful for time-sensitive needs, covering seasonal expenses, or managing unexpected costs within your farm or agribusiness without the potentially lengthy process of securing against property or equipment.

How quickly will my agribusiness loan be approved?

The online application and efficient assessment process are designed for speed, with approvals for agriculture loans often possible in as little as 24 hours, helping you access funds when your agricultural or agribusiness cycle demands it.

What are some typical uses of unsecured agribusiness loans or agriculture loan funds?

Farmers and agribusinesses can use these funds for various purposes, such as purchasing seeds, fertilisers, pesticides, or animal feed; covering labor costs during peak seasons; paying for urgent equipment repairs; or managing cash flow gaps between harvest and sale within their agribusiness operations.

Apply Now

Please select how much your business has turned over in sales in the last 12 months. 

Over R1 million turnover in 12 months
Under R1 million turnover in 12 months
Funding for Trucking & Logistics Businesses in South Africa

Funding for Trucking & Logistics Businesses in South Africa

BL Types

Cover fuel, repairs, wages and new contracts with R50,000 to R6 million in working capital — without putting your trucks up as security. We find the right specialist lender so your fleet keeps moving.

  • R50k – R6mFunding range
  • Up to 6 monthsShort-term working capital
  • 24–72 hrsTypical lender decision once documents are in
  • 6 monthsBank statements to start
Apply now Check if I qualify
  • Registered finance broker
  • Specialist lender network
  • One application, multiple lenders
  • No penalty for early settlement
Quick answer

What funding is available for a transport business in South Africa?

South African trucking and logistics businesses can access unsecured working capital of R50,000 to R6 million over up to 6 months, without pledging trucks as security. Operators need 12 months of trading, R1 million or more in annual turnover and 6 months of bank statements. For buying trucks or unlocking slow-paying invoices, equipment finance and invoice discounting are usually better fits.

Why cash flow is the hardest part of running a transport business

Your costs are daily. Your income isn’t. Diesel, tolls, driver wages and tyres go out every week, while clients often pay 30, 60 or even 90 days after delivery. One breakdown or one big new contract can stretch that gap past breaking point.

Banks tend to answer that with a long application and a request for your trucks or property as security. That ties up the very assets you earn with. Unsecured business loans work differently: the lender looks at your bank statements and turnover, not your fleet register.

New Heights Finance is a finance broker, not a lender. We know which lenders in our network understand transport cash flow, and we take your application to the right one so you don’t have to apply five times.

Which funding fits your transport business?

Match the problem to the product. Most operators start with one and add another as they grow.

Your situationBest-fit fundingWhat secures it
Need cash for fuel, tolls, wages or urgent repairsUnsecured business loanYour business cash flow (no fleet security)
Clients pay on 30–90 day termsInvoice discountingYour unpaid invoices (from R50,000 facility)
Won a contract but need to fund it upfrontPurchase order fundingThe confirmed order
Want to buy a truck, trailer or forkliftEquipment financeThe vehicle or equipment you buy
Own paid-off trucks and need a larger lump sumLoans against assetsYour fully paid-off vehicles
Moving goods across bordersTrade financeThe trade transaction
Own a depot or property and need long-term capitalLoans against propertyYour property

Not sure which one fits? Apply once and an NHF funding consultant will recommend the right route.

Unsecured working capital for logistics: loan conditions

ConditionDetail
Loan amountR50,000 to R6,000,000
TermUp to 6 months, repaid in 26 weekly instalments
Cost25% of the loan amount over 6 months (about 50% annualised)
Early settlementAllowed, with no penalty
Trading historyAt least 12 months
Annual turnoverR1 million or more
PremisesLeased for at least 12 months, or owned
Start-upsNot eligible
Documents to start6 months of business bank statements

All figures are subject to the lender’s terms and conditions at the time of quote.

What it costs: worked examples

The examples below assume a 25% total cost over 6 months, repaid in 26 equal weekly instalments.

You borrowTotal repayableWeekly instalment (26 weeks)
R100,000R125,000R4,808
R500,000R625,000R24,038
R1,000,000R1,250,000R48,077

Want to test your own numbers? Use the business loan calculator.

How transport operators use the funding

Example 1

Getting a truck back on the road

A KZN haulier running 8 trucks loses one to a gearbox failure mid-contract. A R100,000 unsecured loan pays for the repair that week. The truck earns again within days, and the business repays R4,808 a week from its normal income.

Example 2

Waiting on a slow-paying client

A distribution company completes R600,000 of deliveries for a retailer on 60-day terms, but diesel and wages are due now. Instead of a loan, invoice discounting releases cash against those invoices, and the balance arrives when the retailer pays.

Example 3

Taking on a big new contract

A courier firm wins a 12-month regional contract that needs two extra trucks and new drivers. Equipment finance covers the trucks, secured by the trucks themselves. An unsecured loan covers driver recruitment, branding and insurance deposits until the first invoices are paid.

Examples are illustrative. Actual terms depend on the lender’s assessment.

Use your funding for

  • Fuel and running costsDiesel price spikes, tolls, permits and cross-border fees
  • Urgent repairs and maintenanceBreakdowns, tyres and services that can’t wait
  • PayrollPaying drivers and staff on time while invoices are outstanding
  • Fleet technologyTracking systems, dashcams, telematics and loading equipment
  • Contract start-up costsOnboarding, branding, insurance deposits and licensing
  • Seasonal peaksExtra capacity for festive season or harvest volumes

Need to buy whole vehicles? Unsecured loans aren’t designed for that. Equipment finance is usually cheaper and spreads the cost over longer.

Do you qualify? Eligibility checklist

  • Your business has been trading for at least 12 months
  • Your turnover was R1 million or more over the past 12 months
  • You can supply 6 months of business bank statements
  • Your premises are leased for at least 12 months, or owned
  • You are not a start-up

Turnover under R1 million? You can still apply — select “Under R1 million” on the form below and we’ll look at options for smaller businesses.

How it works

  1. Apply online in minutesChoose your turnover band and complete a short form. No paperwork to post.
  2. Speak to an NHF funding consultantWe call you to understand what the money is for and how your cash flow works.
  3. We match you with the right lenderWe present your application to specialist lenders in our network who fund transport businesses.
  4. Get a decision and get paidOnce your documents are in, lenders often decide within 24 to 72 hours, and funds are paid into your business account.

We move quickly, but we never promise approval. Every application is assessed by the lender on its merits.

How repayments work

  • Fixed weekly instalments. You repay the same amount each week over 26 weeks, debited from your business account.
  • Early settlement. Settle the full balance early at no penalty.
  • Late or missed payments. These can attract fees and raise the total cost of the loan.
  • Suretyship. Even without fleet security, lenders may ask for a director’s personal surety.
  • Struggling to pay? Contact us early. We can approach the lender about restructuring before it becomes a default, which can lead to legal action and damage your credit record.

Why use a broker instead of applying direct?

  • One application, several lendersYou apply once and we shop the market for you.
  • Transport know-howWe know which lenders understand fuel cycles, contract work and 60-day payment terms.
  • The right product, not just a loanIf invoice discounting or equipment finance suits you better, we’ll tell you.
  • Fast and straightforwardBank statements to start, a consultant on the phone, and a decision in days, not weeks.

Frequently asked questions

Can I get a business loan for my trucking company without using my trucks as security?

Yes. Unsecured business loans are assessed on your turnover and bank statements, not your fleet. Lenders may still ask for a director’s personal surety.

How much can a transport or logistics business borrow?

Unsecured working capital ranges from R50,000 to R6 million. The amount offered depends on your monthly turnover and cash flow.

What does a short-term business loan cost?

Typically 25% of the loan amount over 6 months, or about 50% annualised. On R100,000 you would repay R125,000 in 26 weekly instalments of about R4,808.

How quickly can I get funding?

Once your bank statements are in, lenders often make a decision within 24 to 72 hours. Funds are paid soon after you accept the offer.

What documents do I need?

Six months of business bank statements is enough to start. The lender may ask for more, such as ID documents or financial statements, depending on the amount.

Can I finance a new or used truck?

Yes, but through equipment finance, not an unsecured loan. The truck secures the finance, which usually means a lower cost and a longer term.

My clients take 60 to 90 days to pay. What’s the best option?

Invoice discounting is often the better fit. It turns unpaid invoices into cash now, from a facility of R50,000.

Can I borrow against trucks I already own?

Yes. If your vehicles are fully paid off, a loan against assets can release a larger lump sum than an unsecured loan.

Can a start-up transport company apply?

Not for this product. Lenders need at least 12 months of trading history. Businesses with turnover under R1 million can still apply for other options.

Does New Heights Finance lend the money?

No. NHF is a finance broker. We match you with specialist lenders, and the lender makes the credit decision and pays out the funds.

Keep your fleet moving

Tell us what you need and how much your business turned over in the last 12 months. An NHF funding consultant will call you and match you with the right lender.

Start my application
No obligation. Applying won’t commit you to an offer.

Mining Funding

Mining Funding

BL Types

Unsecured funding for mining

Apply

Secure the capital you need to grow your mining business.

All we need from you? 6 months bank statements to assess your application!

Loan Conditions

Loan Term: From 2 month to 6 months options
Minimum Loan: R 50 000
Maximum Loan: R 6 000 000
Interest: 25 % for 6 months term
Business Age: Minimum 1 year old
Business Turnover: R 1 million per annum or more
Premises: If leased, then leased for minimum of 1 year. If owned, then at least one year old
Start Ups: NO START UP business applications will be considered

Cost Schedule

  • Minimum Term – 6 months
  • Maximum Term – 6 months
  • Minimum APR – 50 %
  • Maximum APR – 50 %

Example :

  • Loan R 100 000
  • Term 6 months
  • APR 25 %
  • Repayment R 125 000

Subject to lenders Terms and Conditions at time of quote

Boost your mining business with our quick business loans

Need fast access to capital for your mining operations in South Africa? Explore unsecured business loans designed for the mining industry, offering up to R6 million in funding. Our easy online application process means you could get approval in as little as 24 hours, helping you seize opportunities without delay.

These unsecured business loans provide a vital mining funding option without requiring you to put up physical assets like mining equipment or property as collateral. Approval is typically based on the financial health and cash flow of your mining business. The online application streamlines the process, allowing for a much faster assessment and disbursement of funds compared to traditional secured loans.

Use your business loan for…

Bridging short-term cash flow gaps

Covering immediate operational expenses like payroll, fuel, or maintenance during fluctuations in production or sales cycles.

Purchasing equipment or spares

Acquiring critical components or machinery needed to maintain operations and prevent downtime without a lengthy procurement process.

Funding exploration activities

Financing initial surveys, mapping, or drilling programs to assess the viability of new deposits.

Taking advantage of limited-time opportunities

Quickly securing funds for advantageous input purchases or urgent repairs that can significantly impact productivity.

You qualify for funding if…

Your business has been trading for 12 months

You have made over R1 million in sales over the past year

You've got 6 months bank statements ready to submit

You are NOT a start-up - in other words you have a proven track record and order book older than 1 year.

Apply For Unsecured Business Loan

How does a business loan work?

When a mining company needs quick access to mining funding in South Africa without tying up valuable assets, an unsecured business loan can be an effective solution. Unlike traditional loans that demand substantial collateral like property or heavy machinery, these loans are approved primarily based on your business’s financial health and ability to repay.   

The process is designed for speed and convenience, starting with a simple online application. You provide necessary information about your mining business through our user-friendly online form. Following your submission, our private lenders will typically contact you to guide you through the next steps and request supporting documents. These documents usually include recent financial statements and bank statements, which help the lender assess your cash flow and overall financial stability. Because the process is streamlined and leverages technology, a credit decision can be made rapidly, with approvals possible in as little as 24 hours, allowing your mining operations to access needed funds with minimal delay.

How repayments work

Business loan repayments typically involve making regular installments over a specified period. These installments are designed to pay off both the principal amount borrowed and the interest accrued on the loan.

Repayment Schedules:

  • Fixed Installments: The most common repayment schedule involves fixed weekly payments over 26 weeks. This means you’ll pay the same amount each time. See cost schedule above for more information.

Early Settlement:

You can opt to pay off the loan balance in full before the scheduled maturity date. There is NO peanlty fee for early settlement.

Late Payments:

If you miss a loan payment or make a late payment, you may be subject to late fees and penalties. These can increase the overall cost of the loan.

Default:

If you fail to make your loan payments for an extended period, you may be considered in default. This can have serious consequences, including legal action, damage to your credit score, and potential loss of business assets.

It’s important to understand the repayment terms of your loan and plan accordingly. Consider factors like your business’s cash flow, expected income, and any potential fluctuations in your industry when budgeting for loan repayments. If you’re having trouble making payments, it’s advisable to contact your lender as soon as possible to discuss possible solutions, such as restructuring the loan.

FAQs

What makes an unsecured business loan different for a mining company compared to a traditional loan?

Unlike traditional loans that typically require significant assets like mining equipment or property as collateral, unsecured business loans for mining companies are approved primarily based on the business’s financial performance, cash flow, and creditworthiness. This allows mining companies to access funding without encumbering their core operational assets.

How quickly can a mining company access funds through an unsecured business loan?

One of the key advantages is speed. With streamlined online applications and rapid assessment processes, approval can be granted in as little as 24 hours, allowing mining companies to quickly address urgent funding needs or capitalize on time-sensitive opportunities.

What can a mining company use unsecured business loan funding for?

Unsecured loans offer flexibility. Mining companies can utilize the funds for various purposes, including bridging short-term operational costs, purchasing essential smaller equipment or spares, funding initial exploration activities, or taking advantage of immediate, beneficial procurement opportunities.

What documentation is typically required when applying for this type of mining funding?

While the process is designed to be efficient, you will generally need to provide supporting documents such as recent financial statements, bank statements, and potentially other relevant business information to allow the lender to assess your company’s financial health and repayment capability.

How much is available through unsecured mining funding in South Africa?

While amounts can vary depending on the lender and the mining company’s profile, unsecured business loans in this context can often provide funding up to R6 million, offering a significant capital injection for various short to medium-term needs.

Is an unsecured business loan suitable for large-scale mining projects?

Unsecured business loans are generally better suited for short-term funding needs, working capital, or smaller capital expenditures. Large-scale mining projects requiring substantial, long-term investment would typically necessitate different financing structures, such as secured project finance or equity funding.

Apply Now

Please select how much your business has turned over in sales in the last 12 months. 

Over R1 million turnover in 12 months
Under R1 million turnover in 12 months