

Small Business Funding
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 NowAsset-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
Fast access to funds
No credit checks or laborious paperwork
There’s simply no need (because the asset secures the loan).
Competitive interest rates
We’re accredited with the NCR and FSB, and don’t charge hidden fees or penalties.
No impact on credit rating
We never share your data with credit bureaus or any other third party.
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.
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.
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
Lamna made my short-term application short, easy and convenient.
Without the help of the Lamna short-term loan, I don’t know what I would have done.
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…
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.
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.
Within a few minutes, I was already informed of the status of my loan application.
Have questions?
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.