Business that have been operating for more than 3 years or with an annual turnover of at least R3 million can apply for this loan. It can help you expand an existing business or assist with major projects or asset purchases.Key features and benefits
* You repay fixed amounts throughout the period
* Loan terms from 11 to 110 months
* Pay additional amounts into your loan at any time
* Funding from a minimum of R30 000
* Peace of mind with the Business Protection Plan
Starting a business requires money or capital which is used to buy raw materials, equipment, paying salaries, delivery to consumer locations and for carrying out other important aspects of the business. Though owners put in their savings and investment into their business, most often they seek commercial business loans to finance their business activities.
Fast Business Loans give the advantage of immediate cash of business necessities and help to expedite tasks thereby enabling businesses to make their business decisions or implement moves faster to get an edge over their competitors. Loans are repaid through regular installments and interests can be fixed or variable depending on the applicant's choice of loan. Loans can also be obtained without offering any security or collateral, and availability of unsecured commercial business loans gives business owners another advantage, which is that they do not have to possess collateral for loan qualifications.
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