Welvaart provides short-term, asset-backed business loans to established South African businesses. Our loans start at R500,000 and go up to R50 million, and they are secured against valuable assets your business already owns. If your business needs fast access to capital but you do not want to sell the assets that took years to build, Welvaart gives you a practical way to unlock their value while keeping ownership.
What we offer
Our core product is the asset-backed business loan. It is a short-term loan of up to six months, designed for businesses that need a lump sum quickly and have a clear plan to repay it. We offer this funding in several forms, depending on what your business needs:
Working capital loans: cover wages, stock, supplier deposits and day-to-day costs while you wait for clients to pay their invoices.
Bridging finance: get cash quickly while you wait for a property sale, a transfer, a longer-term loan or another large payment to come through.
Tender funding: pay for equipment, contractors, permits and materials once you win a contract, before your client pays.
Large business loans from R500,000 to R50 million: fund bulk purchases, urgent opportunities and other short-term needs.
How our loans are priced and repaid
We charge a flat rate of 0.5% to 1.25% per week. Our credit committee sets the exact rate for each case, based on the risk involved. We calculate interest weekly, and you pay it monthly. You can then settle the full amount at the end of the loan term. This structure keeps the cost clear and suits short-term needs.
What security we accept
Every loan is backed by security. We require assets that are fully paid off, unbonded and not a primary asset. The security must also be worth at least double the loan amount. For example, a loan of R1 million needs security worth at least R2 million. Accepted assets include property that is not a primary residence, gold, diamonds, equipment, heavy machinery, vehicles, aircraft and art.
We keep moveable assets in secure, insured storage and return them once the loan is repaid. For property, we register a first bond and hold the title deed for the loan period. Another director or a third party can also offer the security, as long as they sign surety. All assets must be located in South Africa.
Who we serve and where
We serve registered businesses across South Africa. Your business must have traded for at least 12 months, and the assets you offer as security must be located in South Africa. Our team is based in Pretoria, where contracts are signed. This kind of funding suits businesses in industries such as engineering, construction, logistics, manufacturing, property and trade. Whatever your sector, if you own qualifying assets and have a clear way to repay, we can look at your application.
The problems we solve
Slow approvals. Traditional lenders can take weeks to decide, and many opportunities do not wait. We give you an answer within 48 to 72 hours, and we pay out the funds as soon as the contract is signed.
Late-paying clients. Many South African businesses wait 60 or 90 days for invoices to be paid, yet staff and suppliers still need payment today. A working capital loan covers that gap.
Tied-up capital. The assets your business owns hold value that often sits idle. We let you borrow against them without selling them.
A narrow focus on credit history. Banks often focus on credit history and cash flow. We look closely at the value of your security, so businesses that own valuable assets have another route to funding.
Winning contracts without the cash to deliver. Tender work often needs money upfront for equipment, contractors and materials. Tender funding gives you that cash so you can start on time.
Timing gaps in property deals. When a sale, transfer or longer-term loan is delayed, bridging finance keeps your plans moving.
How to apply
Applying is simple. Send us your application form with your CIPC documents, three months of bank statements and proof of address. For property security, we also need the title deed, three months of municipal rates statements and a few photos. Our credit committee values your security and gives you an answer within 48 to 72 hours. Contact Welvaart today to discuss your funding needs.
