Frequently asked questions
FAQ
Have questions? We’ve got answers! Explore our FAQ page to find clear and concise responses to common inquiries.
Can a startup business be funded?
Unfortunately, startup businesses are not able to be funded
How do I apply?
Simply fill our fast and secure online questionnaire to get started and we will take it from there
How long will it take to process my application?
Once we have all the necessary information, we will revert back to you within 24 hours with an answer.
How much can I borrow, and what are the terms?
We offer funding ranging between R50 000 and R3 000 000. Our payment terms are between 1 and 6 months.
What are the requirements for a business to apply for funding?
The business needs to have R1 000 000 plus turnover a year and should be actively trading for at least 1 year.
What interest do you charge?
The cost of the loan is determined by the businesses risk profile and overall financial health. Once we have assessed all the relevant factors, we can then determine a cost for the loan.
Is my business information confidential?
Yes, all information we receive is treated as highly confidential.
Are late payments penalized?
Late payments will incur a late payment fee. If no payment is made at all, legal action will then be taken