What's usually happening
A new branch, a bigger contract, more staff or more stock: growth usually means spending before the extra income arrives. The right structure depends on what the money is actually for.
Likely routes
Route 1Working Capital / Unsecured Business Funding (a personal surety may be required)See working capital Route 2Asset finance, if the growth needs a vehicle or machineSee asset finance Route 3Purchase Order Funding, if it's a confirmed orderSee purchase order funding Route 4Tender Funding, if it's an awarded tenderSee tender funding
What you'd need
- Who we can help
- Registered companies (Pty Ltd or CC) trading for at least 12 months, with funding from R50,000. A Merchant Cash Advance also needs annual turnover of R600,000 or more; other funding types have their own criteria.
- Asked first
- How you're paid, how much you need, what it's for
- Asked later, if you go ahead
- Bank statements, company documents, ID
- What they'll never ask for upfront
- Money before any funding is paid out