Opportunity, Finance For Business
Overview
Financial institutions and banks in South Africa are in the business of financing as they provide capital to businesses, consumers and investors to help them achieve their goals.The motivation behind this drive is the fact that financing a business is always a challenge for many. One institution that has continued to play a major role in this regard is Opportunity Finance.
Opportunity is a business entity whose vision is to become a sustainable and well known household name that offers consistent, professional, accessible, timely and relevant financial services to small businesses and the formally employed.This business concern distinguishes itself by supporting small businesses, believing in responsible lending and operating under the National Credit Regulations, offering clients flexible payout options and being guided by values and belief in clients.The loan facility is a demonstration of commitment to the growth of business.
This loan facility has been designed to assist entrepreneurs finance and purchase assets such as machinery and equipment as well as do business and home improvements. Loan amounts offered range from R1,000 to a maximum of R15,000 with repayments running between 4 months to 24 months.These installments are payable weekly, fortnightly or monthly. The interest rates are also very competitive from 23% to 60% per year.
To qualify for this finance, you must have been in business for 1 year, have a green SA ID book, present slips, invoices, receipts of purchases and sales for the last 3 months (if this is available), a bank statement for the last 90 days (if you have a bank account) and proof of residence (FICA document).
Opportunity Finance can be contacted on 0860677678.