At Hydraform, we know your business is your passion. One of the most daunting challenges facing potential business owners is a lack of funding with which to launch their dream. Whether your business requires funding at the launch stage or expansion phase, the biggest challenge is finding money. There is no single perfect-fit approach for all situations. According to the required amount, purpose, type of business, ownership, the sources may vary dramatically.
There are, however, various institutions within South Africa supporting the development and upliftment of communities by funding small businesses. We’d like to provide you with a few possibilities you may want to investigate.
Once our sales team has helped you select the machinery you need to build a better brickyard, we will provide you with access to the online loan application form. As with all loan applications, there are a few requirements you will need to meet. The following is a list of requirements:
The loan amount is balance sheet dependent, and the interest is completely personalised. The loan term is max five years. Turnaround time is three to five days, if all documents are in order, and the finance amount is – of course – risk dependent.
When you have made your selection from our wide range of machinery and accessories available, you will be provided with application forms which you can fill in at our offices. One of our team will even help you complete the forms! Here’s a list of the requirements you will have to meet:
The loan amount is balance sheet dependent, and the interest is personalised. The loan terms is a maximum of five years. The turnaround time for approval is three to five days, if all documents provided are deemed to be in order. The finance amount is risk dependent.
The CIS aims to improve the viability and competitiveness of co-operative enterprises by lowering the cost of doing business through an incentive that supports Broad Based Black Economic Empowerment. Co-operative clients will need to go to the regional DSBS office, or to the main office at the DTI in Pretoria. Applications forms are available online at www.dsbd.gov.za.In order to qualify for a loan from this institution, you will need to meet the following requirements:
Loan amount – Maximum R350 000.00 The loan amount covers a maximum amount of R350 000.00, and the turnaround time for the loan is two to six months. There are no limitations to the loan.
Hydraform is now a registered affiliate on Vodalend, and we can even apply on your behalf if you should require this service. With Vodalend, you apply and receive the decision within minutes, and your cash within 24 hours. The terms and rates are unique to each individual customer. The only restrictions are that your business must be registered, and has to have been operating for 12 consecutive months. Your business must be located within South Africa and have a good credit standing, with a turnover of R500 000.00 per annum, and a minimum of R40 000.00 per month. The minimum requirements for funding are much less intensive than those of banks, and the process is relatively simple. It is important to note that Vodalend will not be able to assist you if you have any adverse listings on your name, or adverse listing against your company’s name. Here’s how the Vodalend process works:
With so many different financing options available, you may finally be able to realise your dreams for your brickyard company. It just makes sense to investigate all the options, and Hydraform is ready and waiting to help you make your business a success!
We’ve all been faced with this situation before. You need equipment or a spares part, you’re a bit low on cash…and it becomes very tempting to take the easier, ‘cheaper’ route and get non-original parts. You save time, and money… right? Wrong!