business loans

In business for over 12 months with annual turnover of R1 million? Apply for up to R10 million in business finance now!
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Quick answer

What is an unsecured business loan?

An unsecured business loan lets a registered business borrow money without pledging property, equipment, or other assets as collateral. Approval is based mainly on turnover and time in business, and funds can be released within 24 hours.

✓ Registered with the CIPC, trading 12+ months
✓ Annual turnover of R1 million or more
✓ Loans up to R6 million, no collateral required
  • No queues or paperwork
  • Unsecured
  • Re-advances available
  • Fast approvals
  • Flexible terms
  • Get up to R10 million

How to apply for a business loan?

A

Apply.

Fill in the application form. No hassle. No queuing.

B

Wait for approval.

We approve business loans in as little as 24 hours!

C

Accept agreement.

Sign your business loan agreement and get your funds.

View Full Process
Who can apply for an unsecured business loan

Do you qualify for an unsecured business loan?

To qualify for a business loan from Yalu.co.za:

  • your business must be registered with the CIPC
  • you must have been operating for a year or more
  • you’ll need to have an annual turnover of R1 million or more.
MR H Van NIEKERK

Very easy process. Submitted my docments and had approval the same day. Thanks

MRs P. MOLOTO

Yalu helped me get bridging finance without a long wait or too much admin. Thank you!

MR S. Southey

My car dealership was cash stressed. Yalu got me a short term business loan and we were able to pull through.

Finance for businesses

For most business owners in South Africa, limited access to finance is a constraint on business growth and expansion.

Traditional loans can be frustrating and time-consuming to obtain. They may also require security in the form of collateral, potentially putting assets at risk.

Our unsecured business loans provide a better financing alternative. The whole application process takes place online. Provided your business meets our financing requirements, you can get a loan of up to R6 million in under 24 hours, with no collateral – and no queuing or hassle.

Get a business loan in 24 hours
Apply now

Illustrative example

For example, a R100,000 loan over a 3-month term carries R12,500 in interest, for a total repayable amount of R112,500 — repaid in 13 weekly instalments of R8,635.85. Actual rates and terms depend on your business’s turnover, trading history, and the loan amount requested.

Loan Amount

R 100,000

Loan Term

3 months

Interest Amount

R 12,500

Total Repayable

R 112,500

13 Weekly Repayment = R 8635,85

Frequently Asked Questions

Common questions our clients have about unsecured business loans

Once your application and documents are submitted, most Yalu applications are approved within 24 hours. Funds are paid out shortly after you accept and sign your loan agreement.

Unsecured business loans are flexible and can be used for working capital, stock purchases, equipment, bridging finance, expansion, or covering short-term cash flow gaps.

A secured loan requires collateral, such as property or equipment, which the lender can claim if you default. An unsecured loan doesn’t require collateral, which usually means a faster application process but may come with different interest rates based on your business’s turnover and trading history.

Yes. Yalu offers re-advances, so businesses that have successfully repaid at least 50% of their business loan can apply for further funding without restarting the process from scratch.

Don’t spend hours submitting multiple business loan applications to banks and lenders. Submit one application in minutes and shop multiple offers. We offer a convenient solution for busy business owners by submitting your single application for a business loan to multiple private lenders. Not only does this improve your chances of getting approved but it ensures that we secure you the best possible rates and terms for your loan.