The Most Popular Types of Business Loans

Short-Term Loan

Maximum Loan Amount
R3,000 – R250,000
Term
3 – 24 Months
Interest Rates
Starting at 10.5%

Term Loan

Maximum Loan Amount
R250,000 to R500,000
Term
25 – 36 Months
Interest Rates
15%

Equipment Financing

Maximum Loan Amount
Up to 100% of equipment value
Term
Expected life of equipment
Interest Rates
20%

Small Business Startup Loan

Maximum Loan Amount
R150,000
Term
40 – 60 Months
Interest Rates
24%