What is a business loan?
Business loans are very common and one of the first options for businesses looking to raise finance.
The lender provides money that you, as the borrower, pay back, with interest, over an agreed period.

Types of business loans
There are many types of business loans available in South Africa.
They range from short-term to longer-term loans, and can be either secured or unsecured.

Secured business loans
With these loans, you’ll need to use an asset from your balance sheet as security.
The lender may also consider third-party security, such as a guarantee, instead of or alongside other security.
Usually, property is used as security, although other assets like stocks and shares can be used too.

Unsecured business loans This allows you to borrow without using any business assets as security.
Often, you’ll need to provide a personal guarantee that says you’ll pay back the loan personally if the business can’t.
Unsecured loans typically have higher interest rates than secured loans.

Business Loans are one of the most flexible finance products on the market. Essentially, funds are paid directly into your bank account for you to utilise as you see best for your business. Whether you're looking to fund a project, ease cash flow, purchase a business or are moving premises.

To apply for a business loan?
Apply online on our website and send the required supporting documents via email to info@finsaploans.co.za
1. Copy of ID or passport
2. Last 3 months business bank statements
3. Copy of business registration documents.

Application takes less than 5 minutes. Apply Now