What loan sizes can one access the first time?
Untu offers loans from $500 to $5000 for Micro Enterprises. For SMEs loans first time loans are up to $50 000.
What is the turnaround time for a business loan?
For a first time client up to 7 days. For repeat client up to 5 days.
Does Untu give personal loans?
What are the loan tenors or repayment periods?
Working Capital finance could go up to 12 months Capital & Investment finance up to 24 months
Does Untu give start up loans?
No. Untu does not fund start ups
What security does Untu ask for?
Title deeds are only required for loans above $5000 (We require title deeds, however alternative security can be considered)
Guarantors can be working or running a business.