FAQ

Got Questions, great!

We’ve Got Answers

Welcome to our FAQ section. Here, you’ll find quick answers to common questions about OneUp’s matching process, security measures, and application procedures. We’ve compiled this information to ensure your experience is smooth and hassle-free.

Who can apply?
Are you legit and registered? Great!

Our Funders provide business funding to registered (PTY) LTD and Closed Corporations. They on exception also work with sole enterprises that are registered for VAT.

Does OneUp provide funding?

Options is the name of the game!
Our platform and infrastructure help you find your funder. We ourselves are not a registered credit provider.

Can you help a Start-Up?

You got to start somewhere, right?

At this stage, we only facilitate debt financing applications for businesses that have been operating for more than 12 months. We are however actively working on expanding the platform to facilitate Start-up investment with access to Government Grants, Low and No Interest-Bearing Loans, ESD- Loans, and Equity-Backed Loans.

What type of funding is available:

Our funders walk the talk, and provide funding for:

  1. Movable Assets
    • Equipment & Machinery Finance
    • Fleet Finance
    • Inventory & Stock Finance
  2. Property Finance
    • Property Acquisition
    • Transfer cost Associated with a property sale
    • Property Development
    • Shop-fit Finance
  3. Working Capital
    • Cashflow Assistance
    • Invoice Financing
    • Tender or Contract Finance
    • Purchase Order Finance
  4. Trade Finance
    • Export cost
    • Import cost
  5. Business Expansion & Growth Capital
    • Infrastructure Finance
    • Business Process Outsourcing (BPO)
  6. Marketing Budget Finance
  7. Tax / VAT bailouts
  8. Point of Sale (Card Machine) Advance
How does it work?
  1. Upload Company Information: Drop your business details and required documents – ONCE.
  2. Find your Funder: Our platform’s intelligent system identifies funders who align with your business needs and risk profile.
  3. Complete Control, Boss: Decide who sees your info and where you want to apply.
  4. Select: Compare offers and choose the one that’s right for you.
  5. Call us your Paperwork Jockey: Sit back while we do all the boring stuff.
  6. Receive In-App Offers: Successful clients receive offers directly from funders within the platform.
  7. Compare Offers: Easily compare the capital amount, loan term, interest rate, and other relevant factors.
  8. The Bidding Battle Begins: Funders can see each other’s offers and fight to secure your business.
  9. Choose Your Champion: Pick the offer that rocks your world.
  10. Secure and Convenient: Contracts are signed online and securely stored in your profile.
How long does it take to get my business bucks?
  • Need cash fast? We’re your speed dial. Most requests are answered within 48 hours of having all your data.
  • Got a special case? Don’t worry, we’ve got you covered. It might take a bit longer, but we’ll work our magic to get you the funding you need.
How much can I apply for?
  • Up to R5 million for the vanilla stuff.
  • Up to R50 million for the specialised and spicy long term stuff.
Are your services really FREE?

No catch, no cost. We help you find funding – and funders pay us to bid for your business.

Why should I use ONEUP to access Business Funding?

ONEUP makes funding your business a breeze.

What are my chances of getting approved for funding?

We can’t promise a guaranteed green light, but our platform is designed to match and marry businesses and funders.

To help funders feel your vibe be sure to:

  • Have accurate and up to date financials.
  • Have a bankable business plan that is more than just a piece of paper.
  • Be ready to spill the beans about your business and its future.
What documents and information do you need?
  • Copy of your ID
  • Company Registration Documents
  • 3-12 Months Bank Statements
  • Signed Annual Financial Statements or Management Accounts
  • VAT Statement of Account (If applicable)