Fundable

Build a businesslenders want to back.

Fundable builds the track record lenders look for, month by month, so you're ready when growth needs funding.

See what a lender sees, free

Growing a business in South Africa takes guts. Funding it takes a track record.

How it works

Think of Fundable as a lamp inside your business. It highlights a few things you can change, so the business is ready when growth needs funding.

  1. Tell us where you areWhat your growth needs, and how much. Most owners come to us once they have tried everything else. That's okay too.Everything we show you starts from where you're at.
  2. Show us the real pictureAdd your bank statements, the months you'd rather not look at too. We won't judge the KFC purchases either.Fundable checks every line for what a lender will look for.Your statements stay locked to your account and never go to AI.
  3. See your way forwardWhat a lender would see, the good and the bad, then the few things to fix first. Sometimes that means you don't have to borrow. Sometimes it means a deal that is reasonable, and you know exactly what you're in for.

You're not failing.You're growing.

Growth chews cash. Bigger work means more people, more stock, and customers who take longer to pay.

So you keep your head down and pay what comes in. You're in growth mode. Then the business needs money, and the lender says no, or yes at a price that eats into your profit.

“A lender may give you a reason, but they will never give you a way forward.”

Listen, you're okay. That's what growing's all about.There's a way through this for you.Sean

This is for you if

  • Yes: your business is growing and the cash can't keep up
  • Yes: you turn over R2 million to R30 million
  • Yes: you want to know what a lender sees, the good and the bad
  • Yes: you're ready to put in the work to get fundable
  • Not for you: not if it's shrinking and the economy is to blame
  • Not for you: not if you need money by Friday

Work it on your own, or walk it through with me.

On your ownAdd your statements, see what a lender sees, and work through what to fix at your own pace. It costs you nothing.

Drop your email here for the waitlist.

With meWalk through your financials, documents and funding reasons with me and other growing owners.Weekly calls, your own statements, and the habits a lender looks for.Run by Sean King ↓

Who runs this?

Sean King
Sean King, founder30 years building businessesHundreds of owners coachedSean on LinkedIn

I have stood on the owner's side, through survival, growth, scaling and exit. At each stage I dealt with funders, and learnt what they want and what they need.

You rely on your accountant, bookkeeper, auditor and banker for the work you didn't go into business to do. You don't do their work. But know it well enough to see that they are doing their best for your business.

A business owner deserves to know as much about their business as their lender uses to make its decision.

What I believe

Small businesses are the bedrock of South Africa's economic success and social stability.

Business is personal to an SME owner. A no on their business is a no on the person.

Show an owner their business the way a lender sees it, the good and the bad, and they'll do whatever it takes to fix the bad and double down on the good.

Questions owners ask

Do I have to borrow?

No. A loan is one way to fund growth. Many owners find a way that costs the business less. When you do borrow, your track record lets you ask for terms good for the business.

Why was my business loan declined?

Most declines come at the first gate: not trading long enough, or turning over less than the lender's minimum. Past that, a lender asks whether your cash flow is steady enough to carry the repayment, and whether you pay what you owe on time. Fundable shows what your statements already answer, and what to fix.

What does a lender look for in my bank statements?

Whether your account can carry the repayment on what you want to borrow, whether it stays out of the red, and whether you pay what you owe on time, tax and loans included. A lender also checks your own credit record, which no bank statement shows. Your Fundable card shows where you stand on all four.

How many months of bank statements do lenders want?

It differs by lender: some ask for the latest six months, others look for a year or more of trading. Fundable recommends twelve, because a full year shows your busy and quiet seasons.

Will it affect my credit score?

No. Fundable makes no credit enquiry and tells no credit bureau anything. It asks you one question about your own credit record, because every lender checks it.

What documents do I start with?

Your business bank statements, as the PDFs your banking app gives you, for every business account. Fundable takes statements from FNB, Standard Bank, Absa, Nedbank and Capitec. If one is locked with a password, you type it to open the statement, and the password is never kept.

Who sees my bank statements?

Only you, and anyone you choose to show, your accountant included. Your statements stay locked to your account and never go to AI.

What does Fundable cost?

Seeing what a lender sees costs nothing, and neither does working through it on your own. The eight-week group with Sean is a paid programme, with a waitlist for now. Fundable doesn't lend, sells no loan and takes no fee if you borrow.