We provide finance to small and medium sized businesses. Whether you want to grow your business or are experiencing short term cash flow issues, we are there to help.
If your business has been trading for more than 2 years and it’s turnover is more than R3m per year, we can help you with an unsecured loan.
R100K to R1M
Size of loans granted depend on your affordability and our risk exposure. Regular clients may qualify for larger amounts.
3-24 Month terms
Repayment terms depend on affordability and consideration of your needs. Debit order are processed on a weekly basis.
3% Interest per month
Interest is calculated monthly on the outstanding balance (reducing balance method).
Turnover > R3M per year
We only assist clients whose businesses turn over more than R3m per year. Exceptions can be considered should your business be well established with high margins.
No startups
We require a minimum of 2 year’s trading history, your business should be established with well documented management reports.
Grace period
Grace periods, during which only interest is paid, will be considered. Terms will be business prospect-dependent, up to a maximum of 6 months.
R100,000 over 6 months
3% per month
Monthly premium
R18,460
Interest
R10,760
Total Repayment
R110,760
Our competitors charge a fixed fee over the duration of the loan. This way they hide their effective interest rate, which in most cases is substantially higher than ours.
Example: 25% fixed fee over 6 months = 7% per month
Loans secured against property are more affordable and ideal for larger transactions.
R1M Plus
Maximum 50% loan-to-value ratio.
Juristic Person
Agreement is with a Juristic person as stipulated by the NCA. Both personal and unencumbered business properties are accepted as surety.
2% Interest per month
Interest is calculated monthly on the outstanding balance and is never capitalised.
Bond
Property should be unencumbered and the agreement with us the first covering bond.
Up to 24 months terms
Repayment terms depend on capacity and consideration of your needs. Debit orders are processed on a weekly basis.
Grace period
Grace periods, during which only interest is paid, will be considered. Terms will be business prospect-dependent, up to a maximum of 6 months.
R1,000,000 over 24 months
2% per month
Monthly premium
R152,872
Interest
R268,928
Total Repayment
R1,268,928
Our competitors charge a fixed fee over the duration of the loan. This way they hide their effective interest rate, which in most cases is substantially higher than ours.
Example: 25% fixed fee over 6 months = 7% per month
WE OFFER
Other Loans
RAF Advances
Get a cash advance on settled claims against the Road Accident Fund
We advance up to 50% of settled claims
Bridging rate = R1 per R1000 per day
Bridging Finance
Up to 80% of expected proceeds from property transactions
Estate agent’s commission
Advances to cover rates, taxes and transfer duties