FundingHub in plain terms for SA business owners
Finch Technologies has run FundingHub since 2016 as a digital broker for registered South African SMEs. The site at fundinghub.co.za is not a bank and does not lend its own capital. Instead, one enquiry fans out to a panel of roughly 30 to 40 banks and alternative funders, each regulated under the National Credit Act. You compare their indicative quotes side by side before any single lender runs a hard bureau pull.
What the marketplace actually sells
| Item | Detail on file |
|---|---|
| Operator | Finch Technologies |
| Model | SME finance marketplace (broker) |
| Lender panel | 30–40+ NCR-registered funders |
| Typical ticket | R50,000 – R20,000,000+ |
| Typical term | 3 – 60 months (product-dependent) |
| Cost to the business | Free — placement fee paid by the winning lender |
| Minimum trading history | About 6 months (12 months preferred) |
| First quote window | Often 24–48 hours after documents land |
| Product types routed through the platform include unsecured working-capital loans, asset-backed equipment finance, invoice discounting and merchant cash advances. FundingHub earns only when finance is successfully placed, so the comparison step carries no upfront platform charge for the applicant. |
Why owners use it
A single file replaces repeated bank visits. Turnover, industry and security profile drive matching rather than you cold-calling each institution. Many users see the first indicative offers within one to three business days once six months of bank statements and CIPC registration papers are on record.
Caveats to weigh
Final rates, fees and security demands sit with the lender you pick, not with FundingHub itself. Bureau checks at TransUnion SA or Experian SA happen at the funder stage. Treat every quote as indicative until the chosen credit provider issues a pre-agreement statement under NCA rules.
Typical fit
Registered Pty Ltd or close corporation entities with at least six months of trading, monthly turnover above R30,000 and directors in good bureau standing who want multiple NCR-regulated options without paying broker retainers upfront.
