UNSECURED BUSINESS LOANS

Unsecured business finance, for small and medium businesses

Business loans South Africa from R 50 000 to R 1,5 million. 3 day approval. No Security needed

YOUR LOAN CHECKLIST

  • Your business has been trading for 12 months
  • You have made over R1 million in sales over the past year
  • You are NOT a start-up – in other words you have a proven track record and order book older than 1 year.

Small business funding and quick funding for business.
Quick business loans by private lenders gives you funds for business.

Are you looking for funding companies or investors, then our SME funding, SMME funding, private business loans, funds for small business, company funding, business finance loans and business investors have sources of funds to assist to grow businesses, which includes purchase orders, invoice discounting,
Unsecured business loans fast and easy.

FAST & EASY

Apply online and receive your funds within 3 days, sometimes within 24 hours if you have your supporting documents ready.

FLEXIBLE

Flexi repayment periods and the option to extend your facility for longer once paid up.

U

TRANSPARENT

Our fees are transparent. There are no hidden costs or surprises.

Loan Conditions

Loan Term: From 2 month to 6 months options
Minimum Loan: R 50 000
Maximum Loan: R 1 500 000
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

Benefits of an Unsecured Business Loan

ONLINE APPLICATIONS

The whole process remains convenient, an online and paperless transaction that only takes a few minutes. No stacks of paper or tedious trips to sign documents, our automated application process is entirely virtual for your convenience.

SIMPLE FEE STRUCTURE

Our fee structure is transparent and simple to understand, there are no hidden costs.

EARLY SETTLEMENT DISCOUNTS

Unlike a traditional bank loan that penalises early settlements, if you choose to settle your business loan early, you are eligible for a discount.

COMMON QUESTIONS

What is an unsecured business loan?

An unsecured business loan is a short-term credit facility, offering established businesses finance of up to R3 million within 3 days. Unsecured business loans can be used to fund business expansion and to cover expenses. 

Why apply for an unsecured business loan?

Traditional bank loans for businesses have a lot of red tape and are difficult to be approved for, even for established businesses. You often need a business plan, cash flow projections and detailed historical financial data in order to even apply. Applying for an unsecured business loan through private lenders is much simpler and has a high approval rate. Please note we cannot assist start ups, only businesses who have been established for over 12 months and turned over R1 million. 

How does an online business loan work?

Applying for a business loan online is simple. Fill in our application form and our private lenders will be in touch with you if you meet the minimum requirements. You will be required to submit your supporting documents. Applying takes minutes and you will likely get a response within 24 hours. We do not meet in person, the entire transaction is facilitated online. 

How quickly can I get an unsecured business loan?

If you meet the minimum criteria and have submitted your documents, you can get your loan within 24 hours. 

THE BELOW FORM ONLY APPLIES TO UNSECURED BUSINESS LOANS. PLEASE ONLY SUBMIT THE FORM ONCE AND CHECK YOUR INBOX FOR A CONFIRMATION EMAIL.