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Business Loans

Business Clients need to have a clear credit record.

Our BUSINESS LOANS go up to  R 1 000 000. Currently we facing challenges in assisting NEW BUSINESSES but we still catering for them on a limited scale.

DOCS FOR NEW BUSINESS LOANS

  • ID FOR ALL DIRECTORS/MEMBERS/PARTNERS,
  • BUSINESS PLAN
  • 6 MONTHS PERSONAL BANK ACCOUNTS
  • COMPANY REGISTRATION PAPERS
  • SIGNED CONTRACTS (if available)
  •  

DOCS FOR  EXISTING BUSINESSES

  • KUDOUGH REPORT (either found online or at CHECKERS SUPERMARKET, take ID and R79 to the Money Market Counter and get one printed)
  • RECENT SIGNED FINANCIALS (2 years if possible)
  • IF FINANCIALS OLDER THAN 6 MONTHS , THEN MANAGEMENT ACCOUNTS IF AVAILABLE,
  • 6 MONTHS PERSONAL & BUSINESS BANK STATEMENTS
  • SIGNED CONTRACTS IF AVAILABLE
  • DEBTORS AGE ANALYSIS IF AVAILABLE
  • BRIEFING OF WHAT YOU NEED THE FUNDS FOR
  • AN EXCELL SPREADSHEET OF YOUR EXPENSES
  • ID FOR ALL DIRECTORS/MEMBERS/PARTNERS.
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