Fundrr

Kick your small business up a notch with a loan from Fundrr.

They’ve streamlined the process of applying for funding and have made it their goal to provide financial aid to small businesses.

The founders of Fundrr started putting their company together in 2017 and began delivering financial services to small business owners by the end of 2018. As a business founded by entrepreneurs, they have an understanding of how difficult it is to get approved for a small business loan.

Fundrr is a proud member of Alpha Code. In 2015 Alpha Code was put together by Rand Merchant Investments (RMI) and began the process of turning the world of financial services upside down. They find and take care of small financial service providers and help them grow. Fundrr was one of these and is a proudly South African lender looking for new ways to help you secure a business loan.

Benefits of Fundrr business loans

• The easy online loan application process
• Loans that suit your business needs
• Fixed interest rates
• No red tape
• Go from application to money in your account within 24 hours
• Flexible repayment terms
• Fixed Interest rates

Keep your repayments predictable 

With a fixed interest rate, your repayments stay the same throughout the loan period. This is an advantage as you can be sure your installments will be the same every month. Fundrr does not charge early settlement fees, so if you can pay off your loan early not only will they support that, but you’ll save money.

What no red tape means for you

Fundrr strives to make this as easy for you as possible. They don’t require reams of paperwork or collateral or ask you to take out insurance if you don’t need it.

Large financial institutions have hard and fast rules in place to protect themselves. These rules make it very difficult for a small business to get a loan approved. Fundrr does not measure a small business with the same ruler as they would a large corporation. That’s how they can help you grow.

As a proud supporter of small businesses in South Africa Fundrr knows how best to help you.

With loans ranging from R20,000 up to R5,000,000 they’ll assess your needs and help you to find the best loan options.Fundrr is a financial services provider and in addition to business loans, they offer a partnership option.

If you’ve been having trouble with your suppliers, or know of anyone struggling with late debtors, Fundrr invites you to make use of their partnership and brokering schemes.

With Fundrr you’ll have the opportunity to network. They want the small business industry to grow and strive to facilitate this growth at all times. Visit the blog section of their website to go through the tips and tricks they want to share with you.

Would you like to learn more

Fundrr welcomes you to contact them at any time via email, social media, or phone. They have branches in Cape Town and Johannesburg.

Flexible repayment terms

One of Fundrr’s best features is their flexible repayment terms. They offer you a choice on how frequently you pay them. Pay off your loan on a daily, weekly bi-weekly or monthly basis. They’ll help you calculate what you would pay over each of the options so you can select the term that suits your business best.

You could apply for a business or short-term loan with a bank. Their interest rates are much lower and can vary. They can offer you larger amounts of money. Their rules and regulations are in place to keep you and yourself safe.

However the chance of a small business receiving a loan with a bank is low. It can take up to 6 weeks to get a response and there’s no guarantee that it’ll be positive.

Fundrr Offers you a safe, quick, and personalised service and will support you all the way till your loan is repaid in full and you’re ready to consider new finance and expansion plans.