How can we help?
Search
SAPI Loans FAQs
Find answers to commonly asked questions regarding SAPI Loans.
What is SAPI?
At SAPI, we offer you the opportunity to access funds to grow your business without any hidden fees or lengthy applications to worry about. Once your application is approved, you can expect to receive the funds as soon as the next busine...
- Updated
How much does a loan with SAPI cost?
Loans with SAPI have a fixed fee structure, which is calculated as a percentage of the overall loan amount. This means that you'll know exactly what you're paying upfront, with no hidden fees or surprises. Plus, there are no ongoing inte...
- Updated
What interest rate and fees apply?
At SAPI Loans, we strive to make our lending process as transparent and straightforward as possible. We want you to have all the information you need to make informed decisions about your borrowing options. When you borrow from ...
- Updated
Is the loan fee VAT inclusive or exclusive?
At SAPI, we want to ensure that you have a clear understanding of all the costs associated with your loan. It's important to note that the loan fee that is added on top of your SAPI Loan is exclusive of VAT. If you have any questions abo...
- Updated
Does applying for SAPI Loans hurt my credit rating or require collateral?
We understand that protecting your credit rating is important to you, and we want to assure you that applying for a loan through SAPI will not have any impact on it. You can rest assured that you can apply for a loan without any concern ...
- Updated
How do I apply for a loan?
Applying for a loan with SAPI is a quick and easy process. Your business account is reviewed for eligibility on a daily basis. If your business meets our eligibility criteria, you will receive a pre-assessed loan amount and be given the ...
- Updated
Does a company director have to apply for the loan?
If you’re applying for a loan on behalf of a limited company, a director will need to be present to answer verification questions and electronically sign the necessary documents, including the loan contract. We may also need them to send...
When will I receive the funds?
At SAPI Loans, we understand that getting access to funds quickly can be critical for your business. That's why we're committed to disbursing your approved funds immediately after approval, you will receive the funds usually on th...
- Updated
What is the repayment length of my loan?
Your loan must be fully repaid within 18 months. Learn how to download your loan agreement in your SAPI Loans Dashboard. At SAPI Loans, we want to help you stay on top of your loan repayment and ensure that you have all the info...
- Updated
Is there a minimum payment?
At SAPI Loans, we're committed to helping you make consistent progress towards repaying your loan in a way that works for you. We want to make sure that you're aware of your repayment requirements, which include making a minimum payment ...
- Updated
Can I cancel my loan request?
We understand that circumstances can change, and you may need to cancel your loan request. If you change your mind during the loan application process, you can cancel or abandon the application at any time. However, once you have signed ...
Can I change my repayment rate after I accept my offer?
At SAPI, we strive to provide transparent and clear information about our lending process to help you make informed decisions. We want to remind you that your repayment rate is determined based on several factors, including your business...
- Updated
Can I change my loan amount after funds have been deposited?
At SAPI, we want to ensure that you have a positive experience with our lending service. We understand that sometimes things change, and you may need to make adjustments to your loan application or funding after it's been approved. Once ...
- Updated
Can I cancel my loan?
At SAPI, we understand that sometimes your business needs may change, and you may need to cancel your loan application or loan after it's been approved. We're committed to making the process as simple and straightforward as possible, and...
- Updated
Can I find out why my application was not approved?
We're sorry to hear that your loan application wasn't approved, but we appreciate you considering SAPI for your funding needs. Our team reviews each application carefully and we base our decision on your business performance. While we ca...
How can I seek independent legal advice?
We understand that dealing with financial difficulties can be challenging, and it is important to have access to the right resources and support. If you feel that you would benefit from independent legal advice, you may wish to consider ...
- Updated
<%= heading %>