Frequently asked questions
Getting a cash loan for your business is easier than you think.
What do I need to apply for an unsecured business loan?
To apply for a business loan from Yalu.co.za, your business must be registered with the CIPC, have been in operation for a year or more and have a minimum annual turnover of R1 million. The lender must be able to review your sales through credit card sales, EFTs, debit orders or POS payments through your business bank account. A poor credit rating may affect your application.
Do I need to visit your physical location to get a loan?
No. Our full business loan application process takes place online to keep it simple, fast and effective. Once you have submitted your application, it will be reviewed. A loan manager will contact you to confirm your information and let you know if anything further is required.
Where does the money for my loan come from?
To provide our clients with the loans that best suit their requirements, Yalu uses a number of loan originators. These include banks, private lenders and B-BBEE programs, as well as business development funds in South Africa and Namibia.