BUSINESS LOANS IN SOUTH AFRICA
Unsecured business finance, for small and medium businesses
Business loans South Africa from R 50 000 to R 5 million. 1 day approval. No Security needed
As a leading finance broker, we are committed to helping businesses in South Africa thrive and grow. If you are a business owner with a venture that has proudly surpassed its one-year mark, congratulations! You have successfully navigated the crucial early stages of entrepreneurship, and now it’s time to take your business to the next level.
In partnership with some of the country’s biggest private lendors, we offer unsecured business loans in South Africa, tailored specifically to businesses like yours – established, experienced, and ready to seize new opportunities.
Whether you need funds for expansion, equipment purchase, or working capital, we will connect you with the perfect business financing solution that aligns with your goals and aspirations. Take a moment to explore our diverse loan offering and experience the convenience and flexibility that comes with our hassle-free online application process. Your success story awaits – let us be a part of it.
CHECK IF YOU QUALIFY FOR BUSINESS LOANS
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.
WHY APPLY FOR AN ONLINE BUSINESS LOAN?
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.
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 5 000 000
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
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 R5 million within 1 day. 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.