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Pollen Finance Business Loan Review 2023

Pollen Finance

Pollen Business Loan is a financing option for registered businesses that have been in operation for at least 1 year and earn at least R85,000.00 per month or R1 million per year in revenue. Pollen Finance offers business loans ranging from R50,000.00 to R6 million, and loans can be approved within hours of application.

The pollen business loan carries a 25% interest rate on the total amount borrowed. By making faster payments to the business loan account, individuals can save up to 75% on interest charges.

Pollan Finance works with different small to medium businesses in different industries. The lender is known to work with businesses in the following industries:

  • Construction. 
  • Retail. 
  • Franchise businesses. 
  • Medical care.
  • Legal. 
  • Finance. 
  • Automotive. 
  • Manufacturing. 
  • Childcare. 
  • Beauty. 

The Pollen Business loan application is simple and only takes a few minutes to complete.  We take you through the application process below. 

Pollen Business Loan Application

Application is done within a few minutes on their website by filling in a simple form provided therein.

Step by step application process:

  1. Click on the apply button
  2. Determine your desired business loan amount between R50K to R6 million
  3. Fill in your contact details and answer the few easy questions on the spaces provided
  4. Then submit your application

Required documents

Within a few hours of submitting your application, a Pollen Finance consultant will contact you for the verification of your application. Request the following documents:

  1. Latest 6 months bank statements of your business
  2. A Pollen application form which would have been provided to you for your signature

After the Pollen assesses your business cash flow, a preliminary loan approval will then be granted. This will lead to the further request of:

  1. CIPC Company registrations documents
  2. Copy of ID of Directors
  3. Copy of Lease Agreement (If applicable)
  4. Latest VAT statement of account
  5. Signed Consent to Credit Search forms which will be provided to you

It takes Pollen an average of 3 days or less for the money to be deposited to your business account after approval.

How to repay Pollen Finance loan

  • Pollen Finance offers short term loans with a maximum loan period of 8 months.
  • The standard period to repay your loan is 26 weeks, which should be repaid in equal weekly instalments.
  • However, monthly instalments are also available, depending on your business cash flow.
  • Should you repay your Pollen Business loan over a shorter period, you will receive up to 75% discount on the once-off interest charged

Cost of Pollen Business Loan

  • Pollen charges an all-inclusive fee of 25% of the amount advanced to you.
  • There are no upfront payments required, payment only starts after you have received your full loan amount.
  • No hidden costs such as application fees or monthly service fees
  • However, additional fees may be imposed for not paying on time

 Once 50% of your loan has been repaid you may apply for refinancing.

Competitive Advantages of Pollen Finance Business loans

1. The fees charged

  • Pollen charges an all-inclusive fee of 25% of the loan amount advanced to you. This makes it transparent and easy to calculate how much your instalments will be.
  • There are no upfront payments required. Pollen also has no hidden costs like most lenders do.

2. Flexible repayment structure

Unlike banks and alternative lenders who charge penalty fees for settling your account ahead of schedule, Pollen may even give you up to 75% discount on fees charged for early settlement.

3. Refinancing is available

Once 50% of your capital is repaid, you can access further funds from Pollen.

Competitive Disadvantages of Pollen Finance Business Loans

1. Only offers short term loans

Pollen only offers short term loans making it not a viable lender when your business is looking for a long term loan to finance a long project.

2. No finance for newly registered businesses

You need a successful trading history of at least one year and a turnover of at least R1, 000,000 per year to qualify for a Pollen Finance Business Loan.

Therefore startup companies are not catered for by Pollen.

3. Strict requirements

Most small businesses take time to start making a million per year. Even if a company has been trading for more than a year, most small businesses struggle to meet over R1 million yearly turnovers.

Eligible applicants


Pollen Finance has positioned itself as a market leader in fintech lending space. It shares space with the likes of Bridgement, Lulalend, Merchant Capital and Genfin.

Pollen Finance Website



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