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 you will need to have been in operation for a year or more with an annual turnover of R1 million. Your business will need to be registered with the CIPC and 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 whole business loan application process takes place online to keep things simple fast and effective. Once you have sent your loan application through, it will be reviewed and a loan manager will get in contact with you to confirm your information and let you know if anything further is required to process your loan.
Where does the money from my loan come from?
Yalu uses a number of loan originators to provide our clients with the loan that best suits their requirements. These include banks, private lenders, Pollen BEE programs, as well as the Business Development Fund in South Africa and Namibia.