6.2/10
Our Score
Rating Breakdown
177 reviews
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🛡️ Our Honest Take
Fundrr is a South African fintech lender that has carved out a clear niche in the SME finance market by offering fast, accessible working capital to small and medium businesses. With funding from R10,000 to R1 million and repayment terms between 3 and 12 months, the product is structured to address short-term business funding needs rather than long-term capital investment. The daily interest rate, starting from 0.10% per day, is typical of alternative business lenders in South Africa and reflects the speed and accessibility of the product relative to traditional bank finance.
The application process is entirely online, which is a meaningful advantage for business owners managing day-to-day operations. Applicants are required to submit CIPC registration documents, recent business bank statements, and identity documentation. Fundrr assesses the business's monthly turnover and trading history to determine affordability, with approval decisions generally communicated within one to two business days. Approved funds are paid directly into the business's bank account, and repayments are collected via debit order over the agreed term.
Customer feedback for Fundrr is notably positive, with a trust score of 4.8 from close to 200 independent reviews. Recurring themes include fast turnaround times, professional account management, and a willingness to support businesses through multiple funding cycles. Several reviewers specifically name their account managers by name, which points to a service model that prioritises human engagement alongside digital efficiency. One reviewer noted using Fundrr to purchase new equipment and expand their business, which aligns well with the lender's stated positioning as a growth enabler for SMEs.
From a regulatory perspective, business loans to juristic persons where the loan amount or the borrower's turnover exceeds R1 million are not subject to the National Credit Act. Smaller business loans within Fundrr's range may still attract NCA requirements depending on the borrower's legal structure and turnover. Business owners should request a full pre-agreement statement and confirm all applicable fees, including initiation fees and service fees, before committing to a credit agreement. Data submitted during the application process is governed by POPIA.
Overall, Fundrr represents a credible and well-regarded option for South African SMEs that need quick access to working capital or short-term business funding. The combination of a streamlined digital process, responsive human support, and a strong track record with repeat borrowers makes it a competitive choice in the alternative business finance market. Businesses should carefully assess the effective cost of credit relative to their margins and ensure the repayment term is realistic given their cash flow cycle before proceeding.
Latest Reviews (showing 40 of 177)
Great service from Cherylene Van…
Cherylene Van Rooyen, you're a star. Great service
Thank you
Thank you, for your wonderful service Charlene. You are the best.
Fudrr the Best
Thanks Fundrr for financing us for the second time. Always a pleasure working with professionals like Cherylene Van Rooyen. Thanks Jacobs Poultry
MY COMPANY IS LWAFUZE HOLDINGS TRADING…
MY COMPANY IS LWAFUZE HOLDINGS TRADING AS MABURA'S COOL PLACE ,IV EXTENDED MY BUSSINES AND BOUGHT NEW EQUIPMENT THROUGH FUNDRR AND ITS PROGRESSING ,I WOULD LIKE TO THANK FUNDRR ESPECIALY JAYLINE SHE WAS HELPFUL AND KIND TO ME
Fast & great service from Cherylene van…
Fast & great service from Cherylene van Rooyen!
Thank you all
Thank you all, Cherylene and team.
Fundrr is great!!
What an amazing experience. Fundrr always delivers and has helped my business a lot. Big thank you to Cherylene.
Prompt responses.Always answered the…
Prompt responses.Always answered the phones within 3 rings.
Hussle free and Effortless process
Hussle free and Effortless process . Fast and efficient process. Always gives feedback on progress. An absolute 5 Star Experience
I would like to express my gratitude to…
I would like to express my gratitude to one of your staff Cherylene.She was so amazing outstanding service, excellent , magnificent. Thank you so so much for your great service.
Great service from Jayleen Fortui
Jayleen was very responsive and would always attend to our emails and calls in a timely manner. We were fully updated of the process and where our application was at all times. Keep up the good work.
Very friendly and excellent service
Very friendly and excellent service
Thanks you Fundrr and Cherylene Van Rooyen
Thanks you Fundrr and Cherylene Van Rooyen. Your assistance has played a vital role in our expansion. Many small businesses are struggling and failing to find financial institutes that can trust their process. Thanks alot guys for trusting us. Please never stop helping and believing in more people. Kind regards. Ronald
Not happy with the feedback at all
Hi, we have applied so many times and never get told why we were not successful, we receive the application platform every week and we apply but no positive response are we doing something wrong please help, we are desperately in need of funding asap
What an amazing experience as always…
What an amazing experience as always !!! Fundrr always delivers and has helped my business greatly !!! A big thanks to Cherylene - she is a star, the most helpful person to deal with and always friendly !!! Will recommend her any time …
Nolubabalo Sibidla
Nolubabalo Sibidla She was so helpfull her services is great whenever I wanna talk to her I do get hold of her anytime.Thank you so much for the service.
Cherylene was absolutely brilliant
Cherylene was absolutely brilliant! Communicative, super efficient and helpful. I highly recommend her.
Cherylene Van Rooyen was very…
Cherylene Van Rooyen was very efficient, helpful and professional. She was able to speed up all the process with less admin, everything was done at one go. Very efficient at providing feedback and great communication skills
Im so proud of fundrr,im so glad for…
Im so proud of fundrr,im so glad for your help my business wont have a stock problem this festive,thanks to Nobabalo for your asistance...
Fundrr has been just awesome in…
Fundrr has been just awesome in assisting my business when I really needed...the consultant was simply amazing in helping me...quick results...excellent service😊
EXCELLENT SERVICE FROM CHERYLENE,FUNDRRRR…
EXCELLENT SERVICE FROM CHERYLENE,FUNDRR IS THE BEST
Fundrr have been good to me and have…
Fundrr have been good to me and have helped my business a lot. They are helpful and professional and they listen. Thank you Fundrr
Dealing 1stly with your Company and…
Dealing 1stly with your Company and also the likes of Cherylene van Rooyen gave me new hope! as from day one, Cherylene would make contact with up to 2 or 3 times a day, keeping me updated and her telephone ethics is way beyond excellent. thank you for a pleasurable experience and to you Cherylene, I give you a BELLS! Hendrie Schalkwyk
I would like to say thank to cherelyn
I would like to say thank to Cherelyn and the team at Fundr my application was prosesed nicely I got my funding I'm very happy with the service
GREAT SERVICE
MANY THANXS TO CHERYLENE FOR HER GREAT SERVICE TO ME VERY PROFESSIONAL AND FRIENDLY THIS IS THE BEGINNING OF A LONG PARTNERSHIP FROM UPINGTON ELECTRICAL DISTRIBUTORS
thank you to Fundrr for helping our…
thank you to Fundrr for helping our business that was going through a very challenging time. Amazing service from Cherylene!!!!
My experience was amazing wauuu
My experience was amazing wauuu
For any new business
For any business that are only registered for a year is very hard getting any help from anyone at these difficult times. Jacobs Poultry is seasonal which means our financials only looks good over a few months of the year. Still Fundrr actually phoned me and listened to me while I explained my business where the other company's only look at your last 3 months and don't give a crap about any explanations. I am more than pleased with their service and that they actually gave me a change to proof my self. Thank you Fundrr and Cherylene for the help. Lets make money...
I'm really happy with Cherylene Van…
I'm really happy with Cherylene Van Rooyen's service. She made me feel like Fundrr needs me not the other way around. Supportive and gave me feedback. I'm glad to say I'm part of the fundrr family 💃😊. They assist and don't leave you in more debt. Thank you 🤝😊
Great on point service
Great on point service
Fast an efficient service
Fast and efficient service. Seamless transaction.
Help when you need it.
Fundrr are the best. They do what thay say. When the bank I bank with did not help. Fundrr had trust in me. Thank God for fundrr.
They were awesome
They were awesome, friendly, kind and helpful....thank you very much
My experience with fundrr was easy…I never experienced any difficulty when it comes to funding.
My experience with fundrr was easy one.i first heard it through a friend then i Google it and I found they website and fill in whatever they requested within a few days the money was in my account.
Great communication.
Had a very good experience with Nolubabalo. Good communication and fast response to questions.
Efficiency
Service is exceptional .
Great service from Blessing and the…
Great service from Blessing and the team at Fundrr
Professional and assistful
Professional and assistful
Excellent service
Excellent service, very very quick with the application and payment was done same day. They were even willing to assisst me after business hours to get everyrhing sorted. Will use them over and over again.
Re-applied for funding …….
Re-applied for funding on my existing loan and it was a breeze. Idan went out of his way to make it happen and give me terms that I desired. Not any financial institutions that will do that. My business could not be in better hands. Thank you IDAN & FUNDRR team.
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