As our name LendLink suggests, we’re a brokerage company that assists SMEs within South Africa to acquire business loans and advance their businesses.
The business sector in South Africa consists primarily of SMEs, so they’re an integral part of the economy and the livelihood of many people. Despite their crucial role in our economy, SMEs still find it challenging to obtain appropriate financial solutions to build up their businesses.
Our mission is to assist SMEs to acquire business loans by providing alternative products and solutions that traditional financial providers, such as banks, don’t offer.
A value driven company
We understand how tough things can get for SMEs. That's why we’ve made it our mission to specialize in providing business loan products to SMEs through a value driven process. Due to our specialization in the field, you can rely on us to provide you with the service that you deserve.
A significant part of a value driven company is honesty and transparency. With us, you can rest assured that we’ll do the best we can to identify the ideal solution for you. Should we be unable to do so, we’ll inform you of the situation.
We’ll also never lead you astray with offers that are misleading or make promises we can’t keep. We’ll keep you informed about our procedures and will never charge any hidden fees.
We’re caring and understand that a lack of access to finance can take its toll and lead to serious frustration. This is why we exercise extra care to deliver loans quickly and without red-tape. To save you some time, we will handle your whole application so you can focus on other matters.
Our online application procedure is remarkably efficient and quick, so you can get back to really important matters.
Once your application is submitted, we’ll take care of the rest and notify you when we receive a business loan offer.
Initially, you merely have to complete a straightforward online loan application. After that, we require you submit your last 6 months’ bank statements. You should get provisional offers from a couple of prospective business lenders. We’ll then assist you in choosing the most attractive offer. Once you’ve chosen your business loan partner, you can sign your loan agreement and will receive your money in 3 days, at the most.
Who do we assist with finance?
As stated previously, criteria for a business loan may differ from lender to lender and may also depend on what you require. We expect prospective customers to have been in business for at least 12 months with a minimum monthly turnover of R 45 000.
When would you need our help?
SMEs often face unique financial challenges when compared to larger companies. Larger companies can often absorb the cost of smaller things where as an SME might need financial assistance to do so.
We offer SMEs financial assistance when seeking help with the following: purchasing inventory, hiring employees, marketing, remodeling and renovating, opening of new locations, cash flow problems, unexpected expenses, acquiring new equipment, and bridging loans.
LendLink Product Details
- Loan Type Business loans
- Loan Amount up to R5,000,000
- Decision 3 days
Summary of Services
- Fast and affordable loans
- No paperwork
- No hidden fees or costs
- Loans approved in 3 days
At Lendlink we have the finacial power to help you grow your business
It’s only natural for customers to assume broker companies make money by charging customer fees.
We’re 100% transparent about our dealings and any costs that may arise during the brokering process. We’re proud to say we only charge 1% to 3% of the total loan amount. This is charged only if our clients are successful in acquiring a loan from their chosen lender. This percentage is much lower than traditional brokers charge in South Africa.
Industries that frequently make use of our services include the retail sector, supermarkets, restaurants, hotels, franchises, automotive, health, beauty, child care, medical, manufacturing, accounting, entertainment and construction. Should you be a part of any of the above industries and meet the minimum requirements; you can be sure we’ll find the right products for you.
Basic documentation required
You can rest assured we’ll make the application process as smooth and simple as possible. Since we’re a business loan broker and do not issue business loans directly, it’s only natural that document requirements differ from lender to lender.
The most common documents include the following: 6 to 12 months’ bank statements proving your company’s turnover, proof that your management accounts are up to date, company CIPC documents, and verification from your landlord if you’re making use of a rental space.
Customer Reviews & Testimonials
The customer service from LendLink was excellent and I had no hassles when dealing with them.
— Bredasdorp —
I needed a loan to expand my equipment for my construction business. LendLink offered me the best deals from various lenders at a fraction of the cost than if I had to do it myself.
— Patensie —
I never expected a business loan broker to work and process my application as fast as LendLink did. You guys were amazing. Thank you.
— Bloemfontein —