Unsecured Loans

Do You Qualify?

You may qualify for an unsecured business loan if your company has:

1. At least 12 months of trading history
2. An average monthly revenue of R60,000 or more
   (Figures are for example purposes and may vary by lender.)

How It Works

An unsecured loan has:

• A fixed repayment term (typically 3 to 24 months)
• Fixed repayment amounts — paid weekly, biweekly, or monthly
  Repayments include both the loan amount (capital) and the interest or fees charged by the lender.

Common Uses

Businesses often use unsecured loans for:

• Working capital – managing cash flow
• Growth funding – expanding operations or marketing
• Inventory purchases – buying more stock to increase sales
• Tax or VAT payments – covering large, unexpected bills
• Upgrading premises – improving facilities or equipment
• Importing/exporting goods – bridging temporary cash flow gaps