About Business Finance Brokers
Business Finance Brokers was established in 2016 in the heart of Stellenbosch in the Western Cape. We pride ourselves on being the most trusted choice when it comes to small to medium enterprise finance in the country.
We are a company that believes in innovation and changing the way SME’s receive support and finance in the industry. Our responsible and transparent nature is a huge drawcard for those who seek assistance when starting up their new enterprises.
Grow your business
Our primary goal is to assist South African citizens grow their businesses in the most efficient way possible. Our core focus is to simplify the life of the time-constrained business owners by assisting in sourcing the most ideal business finance to suit their needs and take the business to the next phase of growth.
One of the fundamental reasons that Business Finance Brokers went into business, was to take creative businesses and engineer improved ways to conceptualise their products within the business through finance.
We are help
When it comes the time for an SME to apply for finance through us, they would need to meet certain requirements. The business needs to meet a turnover of over R1 million in order for our professional team to assist you.
You should also be aware of the fact that we do charge a once-off finance fee that you’ll understand once the broker has met with you and discussed the agreement in place. This Business Finance broker is there to help you, so you can direct all your concerns and questions to him if you so have any.
Business Finance Brokers Services
We offer you loan approval in under 3 days! That’s right, hardly a wait at all, when you think about how long you’ve waited to get your business plan in place.
Along with that amazing statistic, you can also be sure that you won’t be hit with any hidden fees because we are completely honest and transparent through all our agreements.
Hassle-free loan service
This hassle-free loan is exactly what you need. Your business is important to you and the success of it is important to us as well and that is the reason we take pride in offering finance to all types of business owners.
You can apply for a business loan through us for transport, manufacturing, travel and tourism, gas, retail and even mining!
We offer consultative services and professional brokers to ensure that you are on the right path for your business's future success!
To apply, you hardly need any time at all!
Simply ensure that you have a valid bank account whereby you furnish us with the details and you can have funds in your account within just days of your online loan application being approved.
If the speed of our services is anything to go by, you’ll be comfortable knowing that your business will grow as fast!
We will require certain documentation to facilitate the loan approval, so bear this in mind when you’re online and ready to get going!
Business Finance Brokers Product Details
- Loan Type Business loans
- Loan Amount up to R1,500,000
- Monthly Service 3 days
Summary of Services
- Loan approval in 3 days
- Hassle-free loans with no hidden fees
- Apply for a loan in 5 minutes
Business Finance Brokers shows how SMEs drive the economy
There are some obvious reasons and some not so obvious when it comes to the way in which these entrepreneur-driven businesses are helping the country’s economy.
First and foremost, they have been identified as product drivers of the development in South Africa and even other parts of the world. An interesting statistic shows that small to medium enterprises in South Africa is estimated to make up 91% of all formalised businesses and currently provide employment to around the margin of 60% of the entire labour force. These figures equate to an output for our total economy that boasts around 34% of the GDP.
Fueling the growth of the economy
Not only are these glorious little SME’s fuelling the growth of our economy, they’re also fostering diversification through the development of untapped markets within the economy. One of the best opportunities for living in an area that is highly driven by technology is that there is always a platform for international growth apart from the local and national prospects.
One of the obvious factors that SME’s are bringing to the economic development of this country is, that drastically reduces unemployment. This is a massive advantage for citizens in this country, especially since companies within the formal sectors of the business world are shedding jobs and employment.
The challenges that SME’s in South Africa face
It might be a noble thing to open up your own business, or perhaps it’s the only way in which you can comfortably contribute your skills to the world. Some individuals are simply geared to work under their own rule. However, there are always ups and downs with any side of the spectrum and being an owner of an SME comes with its negatives including a lack of access to business finance and support.
Crime is rife amongst small businesses and owners struggle to completely eradicate this problem. Another issue is having the tools to do the job without the access to the means to facilitate the tools.
In other words, having an internet connection in an area with very little signal. Skilled labour Is difficult to find especially in small businesses. Accessing quick credit is a major one. Financial institutions feel at risk when lending to SME’s, hence this being such a tough part of the process. Larger companies also don’t always recognise small businesses or their efforts and this hinders the growth process.
Taking all of that into consideration, the South African Government at least is highly cognizant of the important role that SME’s play in the framework of this country’s development.
Customer Reviews & Testimonials
It’s always a pleasure dealing with BFB because their customer service is very hard to beat. They manage to provide such a personal and hands-on service every time.
— Cape Town —
This was the easiest loan process I’ve ever had to go through.
— Pietermaritzburg —
Business Finance Brokers understands that time is money. It took only a few days to receive the funds which meant that I could purchase the stock I needed sooner than I had expected.
— Pretoria —
Everything was explained clearly and in simple English, which was great because I didn’t have to spend hours and hours trying to decipher anything.
— Polokwane —
Business Finance Brokers Contact Details
- 4 Plein St Stellenbosch Western Cape 7600 South Africa
- Get Directions
- Monday 09:00 – 18:00
- Tuesday 09:00 – 18:00
- Wednesday 09:00 – 18:00
- Thursday 09:00 – 18:00
- Friday 09:00 – 18:00
- Saturday – Closed
- Sunday – Closed