Start up loan – Business loans South Africa
Financial capital can be described as any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based. It is important however to state that lack of or inadequate financial capital has resulted in many businesses failing to take off or even expand. One business house working towards making a difference in this regard is Business Loans South Africa.
Business Loans South Africa specialises in finding investors through private sources from around the globe, to assist South African entrepreneurs who have a viable business model.This model however must show a minimum 10% return on investment.
This loan facility is open to all South African business organisations which are legally registered.This includes New and Start-up businesses and this extends across all sectors. Loan amounts provided range from a minimum of R500,000 to a maximum of R20 million. Higher amounts will be considered on an individual basis.There is an application fee of R1,000 which is mandatory with every application and commission is charged at a rate between 4 and 10% of the approved loan amount.
Business Loans South Africa can be contacted on various online platforms.