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Small Business Funding

Small Business
Funding
Asset-Based
Business Loans

Need small business funding to bridge a cash flow gap or to help grow your business? An asset-based loan is a fast, transparent, low-risk alternative for raising business funds.

Apply Now
small business funding with lamna. Asset- based business loans
Small Business Funding
Asset-Based
Business Loans
Need small business funding to bridge a cash flow gap or to help grow your business? An asset-based loan is a fast, transparent, low-risk alternative for raising business funds.
Apply Now
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Fast access to funds

EFT payment is typically made within 24 hours.
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No credit checks or laborious paperwork

There’s simply no need (because the asset secures the loan).

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Competitive interest rates

We’re accredited with the NCR and FSB, and don’t charge hidden fees or penalties.

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No impact on credit rating

We never share your data with credit bureaus or any other third party.

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No risk to other funds or assets

Only the asset provided as security is relevant. It’s returned in its original condition upon loan repayment.

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How we can help

The business funding
you need:

We offer asset-backed, secured loans against assets of value. Secured loans we’ve offered SMEs in South Africa have ranged from R20,000 to R10 million.

We provide loans against a wide range of assets, including:

loans against commercial vehicles and fleets, loans against commercial property and loans against personal assets, from vehicles to luxury watches or artworks. Making Lamna a pioneer in South Africa, we also now offer loans against non-fungible tokens.

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Case study: example of a secured small business loan

Marie runs a successful home-based catering company. Given recent growth in demand, it makes sense for the business to invest in factory premises. To do this, Marie needs access to funds.

As the business owner, Marie uses a delivery van to secure a loan. The loan amount is based on the van’s assessed market value. Maria predicts a healthy in-flow of cash within coming months. So she’s confident of being able to repay the loan and agreed interest.

While the loan remains active, the van is held in a secure facility. As soon as the loan is repaid, it’s returned to Maria, in the same condition she left it – and she’s able to put it back into use for her business.

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Our clients say

ASSET-BASED LOAN

Lamna made my short-term application short, easy and convenient.

ASSET-BASED LOAN

Without the help of the Lamna short-term loan, I don’t know what I would have done.

ASSET-BASED LOAN

With the help of a LAMNA loan I was able to get the cash I needed to make the unexpected family visit that I needed to and repay the amount by my next payday! No muss, no fuss…

ASSET-BASED LOAN

The loan application from LAMNA was specifically designed to be completed and assess as fast as possible to ensure the shortest turnaround time as possible.

ASSET-BASED LOAN

Lamna Financial never disappoints. After applying for a short-term loan, they were so quick to process my application and everything was done so smoothly.

ASSET-BASED LOAN

Within a few minutes, I was already informed of the status of my loan application.

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Have questions?

What is a secured business loan?

A secured business loan is any loan that’s backed by collateral (an asset offered as security for loan repayment). This makes the loan less risky for the lender and, to some extent, the borrower.

The loan amount that’s offered depends only on the assessed resale value of the asset.

A secured loan is an appropriate business choice if you’re confident of being able to repay the loan and agreed interest over the loan period. This can be anywhere from three to 24 months.

For example, this type of loan can save the day if your business is:

  • awaiting late payment by clients
  • recovering after temporary closure
  • working towards completion of a project, with final payment to follow project sign-off
  • rebuilding cash reserves after making a large lump-sum payment or investment, to support growth
  • experiencing other temporary cash flow difficulties.

Non-Payment

Non-payment may result in the matter being escalated.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via debit order on a monthly bases.

Small Business Funding

Small Business Funding

Apply Online

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Small Business Funding

Apply Online

This field is hidden when viewing the form

Small Business Funding

Apply Online

Small Business Funding

Apply Online

Small Business Funding

Apply Online

Small Business Funding

Apply Online