How Smart Business Loans got started

Small and medium businesses are often overlooked by government, banks and other bigger financial institutions. This results in a short supply of growth capital for the businesses that need it most.

Smart Business Loans has been birthed out of this need and it is our promise to business owners to work hard at helping them gain access to finance to grow their businesses.

Smart Business Loans is part of the larger FINCHECK group, known in South Africa as the biggest independent, free comparison website. Fincheck has built and designed the Smart Business Loans website per request of Fincheck Business Users looking for a simple, fast, and trustworthy tool to source business finance.

How the application process works

Your first step is to submit your application and then to select your preferred partner. Smart Business Loans will then pass your information on to the selected lender(s). The lender(s) will contact you asking for supplementary information and documentation. Most of our partners take a week or less to make pay out.

Each of our partners has access to our proprietary dashboard that shows them your application. Your application is only shown to one preferred partner at a time until you have granted a loan OR you ask to be taken out of the system.

Most of the above steps happen through a custom engine built to meet the needs of our business customers. It's a professional system tailored to your business needs.

For queries as to where your application is in the process, please feel free to contact us.

Do we charge fees?

Smart Business Loans does not charge the borrower any fees. We take a commission from the lender when a successful finance application has been completed. It is important for us to do not push our costs to you, the business with a financial need.

How do we find partners?

Smart Business Loans aim to be the most comprehensive business finance comparison website in South Africa. This is why we only held off our launch until we had partnered with at least 6 of South Africa’s biggest alternative business lenders.

Our founders continuously meet with current and prospective partners to make sure that Smart Business Loans is providing you with the best service. For more information on each of our business partners, please view our partners. You will be able to read about what type of financiers they are, their rates and their speed of delivery.