Does your business need quick access to capital? At Yalu, we help SMEs secure funding of up to R6 million within 24 hours.
As South Africa’s leading business funding facilitation platform, we offer more than unsecured business loans.
Strategic partnerships with a network of accredited lenders allow us to source tailored finance solutions for your company’s specific business needs.
Here’s why Yalu is the go-to solution for short-term business funding in South Africa.
Easy eligibility criteria
At Yalu, we don’t expect you or your business to jump through hoops.
Provided your company is registered in South Africa, has an annual turnover of more than R1 million and has been operating for more than 12 months, it’s “green for go”.
The only other criterion that plays a role in the process is the way sales are concluded.
Businesses that support sales via credit cards, debit orders, POS payments or EFTs through a business bank account are eligible for funding.
Other factors assessed by lenders may include credit rating, historical cash flow and risk.
Remote business loans facilitation process
Once you’ve determined eligibility, all you have to do is enter your details on our online application form.
A Yalu consultant will contact you to discuss the best funding option for your business. Your application, plus supporting documents, are submitted to the relevant finance providers.
A no-obligation quote is relayed to you. If you wish to procced, an agreement is signed and the funding is transferred into your business bank account.
The entire process, from application and approval to the conclusion of the agreement, is conducted remotely for your convenience.
Quick business funding solutions
At Yalu, we know speed is of the essence. That’s why we strive to process loan applications in one working day.
The time it takes for the funds to show up in your business account depends on whether the lender requires any additional information or documents prior to concluding the agreement.
Reputable and accredited finance providers
All finance solutions facilitated by us are sourced from trusted, accredited and fully compliant lenders. They include:
- major banks
- niche banks
- private lenders
- overseas loan assistance programmes
- funding agencies
- Business Development Fund in South Africa and Namibia
- pollen BEE programmes.
Flexible repayment terms
Loan terms are flexible and range from 90 to 180 days. Payments are split over the agreed term, and paid directly into the finance provider’s bank account each month via debit order.
Fixed interest rate
The lending rate on all business loans facilitated through us is fixed at 4.17%.
‘No charge’ business loans facilitation service
Our loan facilitation fee is paid by the lender. We do not charge a finder’s fee or impose early settlement penalties.
It’s a “no-cost” service designed to help SA businesses get the capital they need to expand, employ more people and contribute to the local economy.
Get tailored short-term business funding solutions in SA
Small business funding solutions facilitated through Yalu include:
- Purchase order or tender finance – capital made available against a purchase order or tender. This type of funding is designed to bridge the gap caused by fulfilling the purchase order or tender and the time it takes to get paid.
- Business acquisition loans – restricted, unsecured loans used for one purpose – to boost business expansion by acquiring another business or business assets.
- Working capital loans – funding exclusively used to cover day-to-day business expenses like payroll, rent, utilities and marketing costs.
- Trade finance – specialised finance solutions for import and export businesses. Funds can be used to cover the likes of insurance, for shipping and delivery of goods or to protect businesses against non-payments, or as export credit or letters of credit.
Apply for short-term business funding now through Yalu. It’s the quick, easy and affordable means of raising the capital your SME needs to grow and thrive.
