Size of loans granted depend on your affordability and our risk exposure. Regular clients may qualify for larger amounts.
Repayment terms depend on affordability and consideration of your needs. Debit order are processed on a weekly basis.
Interest is calculated monthly on the outstanding balance (reducing balance method).
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.
We require a minimum of 2 year’s trading history, your business should be established with well documented management reports.
Grace periods, during which only interest is paid, will be considered. Terms will be business prospect-dependent, up to a maximum of 6 months.
Example: 25% fixed fee over 6 months = 7% per month
Maximum 50% loan-to-value ratio.
Agreement is with a Juristic person as stipulated by the NCA. Both personal and unencumbered business properties are accepted as surety.
Interest is calculated monthly on the outstanding balance and is never capitalised.
Property should be unencumbered and the agreement with us the first covering bond.
Repayment terms depend on capacity and consideration of your needs. Debit orders are processed on a weekly basis.
079 344 2765
010 500 0444
Please leave this field empty.