Rating based on 18 reviews

Bright On Capital

  • Business loans up to R2,500,000
  • Affordable working capital
  • Repayment up to 3 months

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Bright On Capital homepage
Author Bright On Capital. Screenshot of Bright On Capital website.
[Accessed January 27, 2023]

About Bright On Capital

Bright On Capital is a black-owned, online credit provider. They offer financial solutions to small and emerging businesses with the aim of helping them thrive.

As a registered credit provider and an authorized financial services provider, Bright On Capital operates via its online lending platform, making access to financial solutions fast and flexible.

Peace of mind with Bright On

With funding partners that include African Bank, Glencore, and Rand Merchant Investments, Bright On gives you the peace of mind you need.

Get pre-approved finance in just 48 hours and meet your business needs as these arise. Brighton’s objectives are simple; expand access to funding and significantly lower the cost of lending for SMEs.

Small businesses trading for under five years and generating revenue of no more than R10 million per annum can now get loans quickly and easily online.

Brighton’s online platform

Entrepreneurs are the lifeblood of the economy and Bright On has made financing small businesses easier than ever before.

Traditional financial institutions require a trading history of 5-years or more to be eligible to qualify for a business loan.

Bright On Capital understands that being able to access funds to grow, is the only way entrepreneurs can succeed. So, making quick decisions about lending solutions you need when you need them to thrive, is what sets them apart.

They know that accessing loans and credit facilities can be a nightmare for SMEs.

Bright On has taken the hassle out of applying for loans or credit facilities using their online platform. This makes applying for financial support a quick and easy process.

Bright On Capital Services

Small businesses can now access fast, flexible, and affordable working capital of up to R1.5 million.

Bright On Capital along with its financial partners assist its SME customers and suppliers reach their potential through access to revolving working capital and funding facilities.

Fast and flexible funding

Bright On delivers innovative credit solutions to entrepreneurs and emerging SMEs with sustainable growth prospects. Small businesses often cannot access affordable working capital from traditional lenders. This prevents them from executing procurement opportunities to expand their business.

This fast, easy, and flexible application process from Bright On makes this a lending facility of choice for many small and new businesses looking to expand and grow. With simple and transparent cost and repayment plans, Bright On Capital makes aligning cash flow and repayments fast, flexible, and affordable.

They have several products available to SMEs which are all accessible and easy to apply for online, giving small and new businesses easy access to financing. All you need to do is provide the necessary information and then wait for your facility to be pre-approved.

Invoice financing of up to 80%

If you’re running short of cash for payroll, rent or your next project then invoice financing is the product for you. Bright On Capital will give you up to 80% of the value of your invoices within 4 short hours and you can repay it when your clients pay you.

Purchase order finance of up to 70%

If you need to buy materials or components to meet your manufacturing or assembly needs, then purchase order finance is your product choice. You can get a purchase order credit facility of up to 70% of the value of your purchase order within 24 hours of applying. You pay Bright On when your clients pay you.

Bright On Capital – Business loan

  • Loan Type Business loans
  • Loan Amount up to R2,500,000
  • Repayment 3 months
  • Decision 24 hours

Benefits of Bright On Capital

  • Affordable monthly interest rates
  • No additional fees
  • Request a quote online

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Find out if you qualify within 24 hours of applying with Bright On Capital

Simply submit your application with your monthly invoices/statements and your money will be deposited into your transactional account.

Loan repayments can be made in equal instalments for the first half of the contract to a maximum of 7 months. Any capital repaid can be refinanced once 50% of the loan has been repaid.

They help onboard your debtors and open an account in your business name from which the repayments will be deducted.

You only have to supply the information once as Bright On will then retain your details for all future transactions.

Applying for a business loan

You’ll need to provide proof that you have been trading for 12 months or more and have generated more than R500,000 in revenue in the year before your application. You’ll also need to provide a track record of the goods and services you supplied to the corporate and public sectors.

For VAT-registered businesses, you’ll need to provide

  • 6 months’ worth of business bank statements
  • Age analysis of your debtors
  • Key customers contracts

For NON-VAT registered businesses, you’ll need to provide

  • 12 months’ worth of business bank statements
  • 12 months VAT returns
  • SARS Tax compliance

What to expect

It doesn’t stop there; Bright On’s credit committee will assess your business thoroughly to ensure you get exactly what you need.

The application process is quick and easy to follow. Bright On Capital starts by understanding your financial funding needs by getting your financial statements and FICA documentation from you.

Their credit committee will assess your business’s financial position and then pre-approve your facility within 48 hrs if you qualify. They will then set up a clearing account for you in your business name to make sure complete transparency with your repayments.

Choose Bright On if you

  • Don’t qualify for a business loan from a major lender
  • Want flexible financial solutions to meet your exact needs
  • Don’t want to do a mountain of paperwork
  • Looking for an affordable, transparent transaction platform available 24/7

Don’t lose opportunities because you don’t have access to financial resources. Let Bright On be your lender of choice to grow and help your business thrive.

Contract finance for projects exceeding 6 months

If you’ve landed a contract of 6 months or more but can't fund it, then contract finance is for you. You can apply for up to 50% of the expected project profit as a revolving facility for up to 12 months of the forecasted profits.

Bright On also provides contract finance to fund setup costs or site establishment costs for

  • Small equipment purchases
  • Equipment rental deposits
  • Materials or component purchases
  • Project-related costs including salaries
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Bright On Capital is a trusted & reliable provider of business loans

In our review, Bright On Capital adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Bright On Capital is a registered credit provider in South Africa: NCRP7586

Customer Reviews & Testimonials

August 2022

I needed a business loan to increase my cash flow, Bright on Capital helped me get the cash I need.

Glenda R
— Durban —

September 2022

It was so easy to apply for a business loan through Bright on Capital. Online approval was quick and the helpful team went through all the details with me.

Peter F
— Port Elizabeth —

Bright On Capital Contact

Physical Address

Opening Hours

  • Monday 08:00 – 18:00
  • Tuesday 08:00 – 18:00
  • Wednesday 08:00 – 18:00
  • Thursday 08:00 – 18:00
  • Friday 08:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed