Question 1

Do you fund startups?

Accepted Answer

We fund businesses that have been operating for at least 6 months, with 3-6 month continuous turnover of R50k+ per month.

Question 2

What is unsecured funding?

Accepted Answer

Unsecured funding means you can access capital without putting up any collateral - no assets needed! With a GoTyme Business Advance, you'll receive a cash lump sum paid directly into your business or nominated bank account. In return, you pay a portion of your future turnover until the balance is settled.

Question 3

What are the advantages of unsecured funding?

Accepted Answer

Unsecured funding means you don't need to put your assets on the line to grow your business. There's no collateral, no complicated paperwork - just a quick, easy application and fast access to finance for your business. Payments are linked to your turnover, which means a quiet month won't put your cash flow at risk. It's flexible, low-stress funding that helps you move forward with confidence.

Question 4

What is a cash advance?

Accepted Answer

A GoTyme Business Advance (cash advance) gives you a lump sum of cash upfront to use in your business - no collateral needed. You pay it back over time through flexible payment options: either a fixed amount or a small percentage of your daily or weekly turnover. It's funding designed to move with your business and match your cash flow.

Question 5

How can I use my cash advance?

Accepted Answer

That's completely up to you! You can use the funds for whatever your business needs - no questions asked. Whether it's stock, equipment, renovations or marketing, there are no restrictions. It's your call, your growth, your way.

Question 6

How much funding do I qualify for?

Accepted Answer

The quickest way to find out is to submit a no-obligation online application - it only takes a few minutes. Alternatively, you can book a call with one of our experienced funding specialists who'll guide you through the process. Want a quick quote? Try our funding calculator .

Question 7

How do payments work?

Accepted Answer

Simply choose a payment plan that suits your business needs! Payments can either be a fixed amount or an agreed percentage of your turnover. These can be paid daily, weekly or monthly until the total is collected. As our payment solutions are designed around your business operations, you don't need to worry about missing payment deadlines.

Question 8

Who qualifies for funding?

Accepted Answer

Businesses with at least 6 months of ownership, a minimum of 3 months trading history and a monthly turnover above R50,000 are eligible to apply. It's a simple, straightforward way to unlock the funding you need to grow.

Question 9

Does my credit score matter?

Accepted Answer

Your credit score is an important part of our application process along with other criteria such as ownership, history and turnover.

Question 10

How do I apply for funding?

Accepted Answer

Applying is quick and easy. You can complete an online application in just a few minutes, book a call with one of our experienced funding specialists, or simply give us a ring on 0861 17 17 17 - we're here to support you every step of the way.

Question 11

How long does a funding application take?

Accepted Answer

It only takes a few minutes to apply online . Prefer a personal touch? Book a call and one of our funding specialists will get back to you within 24 hours.

Question 12

When will I have access to the funds?

Accepted Answer

If approved, the funds will be accessible on the same day as approval. Your bank may delay the funding process dependent on their payment approval times. The sooner you apply, the sooner you will have access to the funds your business needs.

Question 13

Can I pay back the advance early?

Accepted Answer

Absolutely. You can settle your advance in full at any time - with no early settlement fees. In fact, you may even qualify for a discount when you choose to pay early.

Question 14

How does your product differ from a traditional loan?

Accepted Answer

Traditional loans require security in the way of assets to secure funding. Our funding model is structured to assess your turnover and does not require security for funding. Traditional loans charge interest. Our funding model is not an interest-based product. We charge a once off, set fee (cost) based on the funding amount, selected payment period and business profile. Traditional loan providers take a fixed amount on loans as payment regardless of your business performance and turnover. Our payment process is linked to the performance of your business. You have the flexibility to decide if you want to pay a variable or fixed % linked to your fluctuating turnover.

Funding built around your business.

Business Growth Made Beautiful.

What you'll need to qualify

Monthly turnover of R50,000 or more

At least 3 to 6 months of trading history

Recent business bank statements

Business registration details

Valid South African ID

Funding your business is simpler than you think.

1. Apply online or speak to us

2. Get your offer

3. Funds in your account

One fixed fee.
Clear payment options.

Fixed payments

Turnover-based payments

Ongoing access to capital

Explore your funding options

Business funding re-imagined

Intelligent

Human

Fast

Ready to take the next step?

Made for your kind of business.

We have provided over R19 billion to 100,000 South African businesses

#ItsGoTyme