Frequently Asked Questions
How safe is my information?
We makes use of international standard information technology systems widely used by accredited financial service providers in the management of client data. This includes backup, encryption, user logging and secure online and offline storage systems.
What does Cash Africa Finance?
Cash Africa specailise in rental asset finance, we do however tailor our finance solution to meet your funding needs.
How long does approvals take?
Approval usually takes between 5 to 10 business days from the time we have received all your information. Applications may sometimes be quicker or take longer depending on the complexity of the application and your responsiveness.
Is there anything that Cash Africa does not finance?
Cash Africa does not finance any item or business involved in the following:
Will I qualify for funding?
We have an array of credit providers who's lending criteria differs. The evaluation criteria specifically looks as affordability, security and track record. We prefer working with companies that has a minimum of 3 years track record, along with a minimum annual turnover of at least R500,000 per annum.
What information do I need to submit with my application?
We require the following minimum information when assessing applications:
We makes use of international standard information technology systems widely used by accredited financial service providers in the management of client data. This includes backup, encryption, user logging and secure online and offline storage systems.
What does Cash Africa Finance?
Cash Africa specailise in rental asset finance, we do however tailor our finance solution to meet your funding needs.
How long does approvals take?
Approval usually takes between 5 to 10 business days from the time we have received all your information. Applications may sometimes be quicker or take longer depending on the complexity of the application and your responsiveness.
Is there anything that Cash Africa does not finance?
Cash Africa does not finance any item or business involved in the following:
- Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, or subject to international bans, such as pharmaceuticals, pesticides/herbicides, ozone depleting substances, PCB’s, wildlife or products regulated under CITES.
- Production or trade in weapons and munitions.
- Production or trade in alcoholic beverages (excluding beer and wine) (Primary).
- Production or trade in tobacco (Primary).
- Gambling, casinos and equivalent enterprises (Primary).
- Production or trade in radioactive materials.
- Production or trade in unbounded asbestos fibres.
- Drift net fishing in the marine environment using nets in excess of 2.5 km. in length.
- Production or activities involving harmful or exploitative forms of forced labour/harmful child labour.
- Commercial logging operations for use in primary tropical moist forest.
- Production or trade in wood or other forestry products other than from sustainably managed forests.
- Industries related to pornography.
Will I qualify for funding?
We have an array of credit providers who's lending criteria differs. The evaluation criteria specifically looks as affordability, security and track record. We prefer working with companies that has a minimum of 3 years track record, along with a minimum annual turnover of at least R500,000 per annum.
What information do I need to submit with my application?
We require the following minimum information when assessing applications:
- Completed and signed application form
- FICA verification documents
- Last two years set of Annual Financial Statements (AFS)
- Latest Management or Internal Accounts
- Last 6 months bank statements
- Debtors & Creditors Analysis
- Personal Assets & Liabilities (of all shareholders)
- Key contracts or purchase orders (if applicable)
