What's usually happening
Existing business funding can stop fitting the business: repayments that bite too hard, several facilities running at once, or terms agreed when the business looked different. We look at what is in place before suggesting any new structure.
Likely routes
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