Rating based on 31 reviews

LendLink

Updated
  • Business loans up to R5,000,000
  • Minimum paperwork
  • Fast & affordable
LendLink homepage
Author LendLink. Screenshot of LendLink website.
[Accessed December 12, 2022]

About LendLink

As their name LendLink suggests, they’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 the economy, SMEs still find it challenging to obtain appropriate financial solutions to build up their businesses.

Their 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

They understand how tough things can get for SMEs. That's why they’ve made it their mission to specialise in providing business loan to SMEs through a value-driven process. Due to their specialisation in the field, you can rely on them to provide you with the service that you deserve.

A significant part of a value-driven company is honesty and transparency. With them, you can rest assured that they’ll do the best they can to identify the ideal solution for you. Should they be unable to do so, they’ll inform you of the situation.

They’ll also never lead you astray with offers that are misleading or make promises they can’t keep. They’ll keep you informed about their procedures and will never charge any hidden fees.

They’re caring and understand that a lack of access to finance can take its toll and lead to serious frustration. This is why they exercise extra care to deliver loans quickly and without red tape. To save you some time, they'll handle your whole application so you can focus on other matters.

LendLink Services

Lendlink's online application procedure is remarkably efficient and quick, so you can get back to really important matters.

Once your application is submitted, they’ll take care of the rest and notify you when they receive a business loan offer.

Initially, you merely have to complete a straightforward online loan application. After that, they require you to submit your last 6 months’ bank statements. You should get provisional offers from a couple of prospective business leaders. They’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 they assist with finance?

As stated previously, the criteria for a business loan may differ from lender to lender and may also depend on what you require. They expect you to have been in business for at least 12 months with a minimum monthly turnover of R45,000.

When would you need their help?

SMEs often face unique financial challenges when compared to larger companies. Larger companies can often absorb the cost of smaller things whereas an SME might need financial assistance to do so.

They offer SMEs business finance when seeking help with the following: purchasing inventory, hiring employees, marketing, remodelling and renovating, opening new locations, cash flow problems, unexpected expenses, acquiring new equipment, and bridging loans.

LendLink – Business loan

  • Loan Type Business loans
  • Loan Amount up to R5,000,000
  • Decision 3 days

Benefits of LendLink

  • Fast and affordable loans
  • No paperwork
  • No hidden fees or costs
  • Loans approved in 3 days

Business loan calculator

R
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.

At Lendlink they have the financial power to help you grow your business

It’s only natural for customers to assume broker companies make money by charging customer fees.

They’re 100% transparent about their dealings and any costs that may arise during the brokering process. They’re proud to say they only charge 1% to 3% of the total loan amount. This is charged only if you are successful in acquiring a business loan from your chosen lender. This percentage is much lower than traditional brokers charge in South Africa.

Industries that frequently make use of their 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 they’ll find the right products for you.

Basic documentation required

You can rest assured they’ll make the application process as smooth and simple as possible. Since they’re a business loan broker and do not issue business finance 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 rental space.

Customer Reviews & Testimonials

November 2019

The customer service from LendLink was excellent and I had no hassles when dealing with them.

Lara C
— Bredasdorp —

February 2020

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.

Simon H
— Patensie —

April 2020

I never expected a business loan broker to work and process my application as fast as LendLink did. You guys were amazing. Thank you.

Peter F
— Bloemfontein —

LendLink Contact

Physical Address

  • Unit 2 Regency Pavilion, 36 Regency Drive, Route 21 Corporate Park, Irene Pretoria Gauteng 0178 South Africa
  • Get Directions

Opening Hours

  • not available