GENFIN is a proudly South African entrepreneurial business that enables, and supports, SMEs and mid-corporates with flexible business funding so they can unlock their growth for sustainable success.
We understand the needs of businesses and that access to affordable finance is critical for the growth, sustainability, and operation of any business. As part of the GENFIN group, GENFIN (formerly “Business Fuel”), established in 2016, has been assisting businesses with business funding for up to R5 million.
We are backed by the GENFIN Holdings Group, an investment company specialising in SME and consumer lending in South Africa and the United Kingdom. Other strategic funding partners include RMB, Sanlam Investments, Ashburton Investments and STANLIB.
Turnover:
To apply for business funding, your business needs to have a turnover greater than R1 million (R100 000 per month) over the past 12 months.
Business History:
Your last 12 months of business bank statements. This helps our algorithm and proprietary tools to give you a better response on your application.
Ownership:
Business ownership of, or the management structure running the business has been in place for more than 6-months. You must also be a registered entity and have been fully operational for at least 12 months. We unfortunately do not fund sole proprietaries, trusts, or partnerships.
Additional documents may be required depending on the value of the business funding applied for.
CLICK ON THE REQUEST FREE INFORMATIONBUTTON ABOVE TO GET FLEXIBLE FUNDING SOLUTIONS FOR YOUR BUSINESS
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