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APPLICATION REQUIREMENTS

Ithala's finance application requirements vary according to the product(s) required.

Standard Requirements:
Our standard requirements include the following:

  • A completed and signed Ithala Loan Application form, which may be accessed on our website (www.ithala.co.za), or through our business-finance consultants
  • Company documents, inclusive of CK documentation, Memorandum of Association,  Articles of Association
  • Business Plan, detailing aspects such as marketing, technical, operational, human resource, financial and funding criteria, as well as an Electronic Financial Model
  • Audited Financial Statements for the past three years/projected financials
  • Key agreements and/or contracts, such as  sales and purchase agreements
  • A valid and current Tax Clearance Certificate
  • Financial Intelligence Centre Act (FICA) documentation

FICA documentation:
Complete FICA documentation required includes:

  • Certified copy/ies of ID/s (Owner's)
  • Certified copy/ies of Marriage Certificate/s or Divorce Decree/s, where applicable
  • Proof of street address (owner/s residential and business)
  • Proof of telephone numbers (owner/s private and business)
  • Proof of mobile phone number(s) (owner/s private and business)

Should the application be for the fulfilment of an awarded contract the additional documentation will be required:

  • Off take agreements and/or Contracts for item to be produced and supplied
  • Latest Financial Statements with supporting documents for entity providing contract mentioned above

© Copyright 2017
Ithala is an Authorised Financial Services and Credit Provider
FSP License No. 17139 NCRCP No. 1559 Reg No. 2001/007427/30
Ithala SOC Limited is a wholly-owned subsidiary of Ithala Development Finance Corporation Limited