Tyeba Investment Loans

Overview

Tyeba Investment Loans is a specialist business loan provider. The institution provides finance for start-ups and provides funding which can be useful for expansion or working capital. 

The company has a special focus on early stage and existing businesses in Africa, Europe and Asia. As leaders in worldwide Private Equity and the Venture Capital Industry, Tyeba Investment strives to provide flexible finance solutions from R3 million to a maximum of R500 million.

Tyeba Investment Loans is an institution that was founded by entrepreneur Mandla Lamba.

Lamba has set up numerous companies, including East American Resources (EAR) and Godforth Life/ Everlasting Life.

Lamba was arrested for fraud in 2011.

Financial publication Moneyweb conducted an investigation into Lamba’s business interests. According to the media outlet: “Despite the outlandish claims of double digit returns that these website promised to investors Moneyweb has found no proof that investors earned these returns.”

The publication also showed in November 2010 how Lamba would set up new companies, along with a four-page website.

Moneyweb probed Lamba and he admitted to being associated with the company [Tyeba Investment], saying “it’s a shell, the company never traded, it has only been open for one month, but it’s going to form part of my venture”.

To find out more about Tyeba Investment Loans, call: 011 966 0000

Visit their website here: www.tyeba.co.za

Starting a business is challenging and there are a number of steps to take throughout the process. Even though banking institutions have stringent qualifying procedures, if as business owner you opt to get finance from an alternate source, such as micro finance institution, it’s important to make sure that you do the necessary research.

The micro finance company should be registered with the National Credit Regulator and should subscribe to guidelines set by the National Credit Act.