Running a transport and logistics business is a considerable undertaking. The cost pressures are unrelenting. This fast-evolving industry is also tough on businesses that just maintain the status quo. It takes expansion and on-going improvements to stay competitive.
When the opportunity to grow arises, you need fast, straightforward access to funding – something that traditional lenders can’t always provide.
At Yalu, we specialise in finding the best available unsecured business funding for your business. Get funding for your transport and logistics business in as little as 24 hours. No security needed.
At Yalu, we specialise in finding the best available unsecured business funding for your business. Get funding for your transport and logistics business in as little as 24 hours. No security needed
Finance challenges faced by transport and logistics companies
Chevin, a global leader in fleet management software, identifies the four top challenges for transport businesses as managing fleet expenses; reducing fuel costs; managing maintenance and servicing; and improving fleet productivity.
Transport businesses also need to:
- adapt to new technologies as they’re adopted by competitors; these range from cloud-based document management through to automation, AI and machine learning
- meet modern expectations for fast, transparent deliveries
- stay abreast of evolving regulations
- navigate cash-flow challenges like late client payments
- protect operations (online and off) in the context of high crime in South Africa.
How the right funding can help
The right funding – especially at the right time – may help your business consolidate and grow.
A cash injection could enable your company to expand or upgrade its fleet. This can enable you to scale your business with minimal risk to capital. Pay back the funds over time, when one or more new vehicles are already bringing in extra revenue.
You can also use Yalu funding to:
- fund other new assets, from extra warehouse space to forklifts
- invest in upgraded technologies, for better efficiency and associated savings
- bridge short-term gaps in cash flow
- buy out a partner.
How to get an unsecured business loan
Simply apply online and we’ll get back to you promptly.
At Yalu, we provide a bridge between your business and a large network of funding providers, from banks to development agencies. Our expertise lies in making the process as convenient and cost-effective as possible.
Apply and we’ll find you the best available funding offer. We negotiate only loans with no requirement for collateral, so there’s no need to put assets at risk.
To be eligible for funding, please note that your business must be registered with the CIPC; have been operating for a year or more; and have annual turnover of at least R1 million.
Why choose Yalu
Yalu is an established and trusted finance provider specialising in unsecured business loans for South African businesses.
- Quick turnaround Approval and pay-out with no unnecessary delays.
- Flexible funding Use the funds for equipment, wages, inventory or expansion.
- High loan amounts Secure up to R6 million.
- Re-advancing options Get additional funding once an initial loan is repaid.
- Hassle-free application Fully online with minimal paperwork.
We offer flexible repayment terms so you can choose a repayment schedule that works best for your business. To apply for funding for transport and logistics businesses in South Africa, complete our online form and we’ll get back to you promptly to discuss your funding needs.
