Frequently Asked Questions

Frequently Asked Questions

Fundrr is a financial technology company that uses algorithms to assess businesses as a whole and therefore able to provide quick and efficient capital and help SMEs in South Africa.

Fundrr uses technological innovation, which gives us the upper hand in providing small businesses with quick and cheaper funding. Our biggest advantage is that what you see is what you pay. Fundrr allows small businesses to get an answer the same day and access to capital in 24 hours. We are one of the only flexible small business funder and payments can be made daily, weekly, bi-monthly or monthly.

Applying is free of charge and there is no commitment or obligations to take the funds.

Fundrr provides financing solutions that vary from 3 to 12 months. The cost is calculated based on the duration of the funding.

 

For example, if you desire R100,000 you can expect to pay back R117,000 over 6 months depending on your Fundrr Score assessment. Each business is scored individually and assessed as a whole.

Fundrr will enter into an agreement with the business to pay back an agreed-upon amount every day, week, or month that best suits the business’s cash flow. These funds will be debited from the business’s account until the final amount has been paid back.

Fundrr will NOT charge you a penalty for settling early. In fact, if you want to settle early, you will save money.

We take safety and security very seriously. We will, at no point, have access into your information or your bank account.

 

All information entered on the website is secured by an SSL certificate and is stored safely.

 

Fundrr cannot access your personal information and cannot alter any information thereafter

In order for Fundrr to assess your business, we need to reveiw your cash flow and bank statement data. This allows us to assist businesses that will not usually be serviced by formal financial institutions.

Upon written consent, Fundrr will be able to access the business’s and the directors credit score. All credit checks are done by Compuscan (Pty) Ltd.

© 2020 Fundrr (Pty) Ltd
2 Merchant Place
Fredman Drive
Sandown, Sandton
Johannesburg

*All loans are issued by Fundrr (Pty) Ltd and are subject to terms and conditions

© 2020 Fundrr (Pty) Ltd
2 Merchant Place
Fredman Drive
Sandown, Sandton
Johannesburg

*All loans are issued by Fundrr (Pty) Ltd and are subject to terms and conditions