Rating based on 700 reviews
Having noticed the often strained and distant relationships between business owners and their banks, Genrand identified a gap in the business financing sector that could only be filled by a capable and attention orientated business model.
We now offer business finance solutions that are tailored to meet their needs quickly and with simplicity.
From humble beginnings to a major player
Genrand initially began operations with a single product offering to businesses and has now grow and expanded its offering to include a range of mainstream offerings. This growth can be attributed to our exceptional customer service coupled with expertise, professionalism and a passion for business.
What Genrand can offer you
We offer a range of mainstream business finance options and are able to assist businesses operating in the property sector with expertise and tailored solutions.
We offer bridging finance, residential and commercial bonds, medium-term business loans, invoice and debtors financing as well as debt consolidation loans.
Unsecured business finance for turnovers exceeding R1 million per annum
Genrand offer unsecured business loans to a range of industries including restaurants, shops and retails which offer you a decent sized loan which can be used for expansion, purchase of equipment and to deal with cash flow needs. Businesses applying for unsecured finance must have a turnover of R1 million or more per annum.
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In a Nutshell
- Average processing time 72 hours
- Online application
- In-store application
- Unsecured loan option
- Secured loan option
At Genrand we tailor financial solutions to your business needs
We accept online loan application and can have your quick loan credited within 3 working days.
In order to qualify for an unsecured loan, your business must have a verifiable history of no less than 12 months and an annual turnover of R1 million or more. We also require a clear ITC record and that the business is a registered entity.
Loans for property developers, agents and investors
We offer medium-term business loans which can offer 50% of the value of the property being borrowed against a term of between 4 and 12 months. We also offer invoice discounting services where you get to choose which invoices will be factored and which will not. Our services are designed to be flexible and meet a wide array of needs in the property sector.
Why do you need my business’s financial statements?
In order for Genrand to consider your business loan application, we need to check and verify your organization’s financial statements. In essence, we need to evaluate whether you will be able to afford the business loan or not.
As much as entrepreneurs are always looking for sponsorship or capital, it will not help your venture in any way if you can’t afford a business loan. We just want our clients to be financially realistic with their expectations and by doing so, we will be able to meet them halfway.
Can I pay for my business loan earlier than the required date?
If you have an excess of money in your disposal and would like to settle your business loan earlier than the required date, you are welcome to do so. This will mean you have one less loan to worry about.
We applaud customers that take up the initiative of paying for their business loans earlier than the scheduled time. Such dedication will give you brownie points when you want to apply for another business loan in the future. Allow us to help you and your organization by giving you an enterprise credit plan that can move your dream ahead.
Eligibility & Requirements
Other Products & Services
- Property Bridging Finance
- Residential Bonds
- Commercial Bonds
- Debtors Financing/Invoice Factoring
- Medium Term Loans
- Home Rescue
- Medium Term Loans to Property Developers
- Debt Consolidation - Private Funding/Non-Bank
- Unsecured Business Finance
Customer Reviews & Testimonials
Genrand some of the best business loan rates in South Africa!
— Richards Bay —
The entire business loan application was easy and convenient to complete.
— Mafikeng —
I applied for a Genrand business loan this morning and a few hours later, my credit request was approved.
— Durban —
There aren’t too much interest rate charges on the business loans that Genrand has. I can still pay my other debts!
— Katlehong —
- Suite 141 A, Millennium Business Park Block E, Edison Way, Cape Town, Century City, 7446, South Africa
- Postnet Suite #444, Private Bag X3, Bloubergrant, Cape Town, 7443, South Africa