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Sunlyn

Updated July 19, 2024

Asset Finance starting from R250,000
Purchase new or used equipment
Leverage tax benefits

Sunlyn homepage — Author Sunlyn. Screenshot of Sunlyn website.
[Accessed July 25, 2023]

About Sunlyn

Sunlyn is a financial management solutions provider that specialises in creating customised financing options for businesses and vendors.

Their over thirty years of experience have enabled them to cater to clients from diverse industries and offer flexible financial solutions to aid their growth.

This company has streamlined its process to adapt to client's requirements, and they provide financing for various asset classes, such as communication, sanitation, and technology.

Providing tailored financing options for niche markets

Sunlyn's unique approach sets them apart from other financial institutions. They approach clients' challenges from a fresh perspective, seeking innovative ways to provide tailored solutions that meet both vendors' and customers' needs.

Their expertise in niche markets allows them to offer unique products, unlike traditional banks. They work closely with distributors and OEMs to create efficient financing plans that align with client's requirements, goals, and industry norms.

A powerful partnership: Sunlyn and Sasfin

Sunlyn has an association with Sasfin, a Johannesburg Stock Exchange-listed bank that caters to business customers and wealth management clients.

This partnership allows clients to access asset finance through instalment sales, lease facilities, or rental finance. Sasfin funds and administers 100% of the deals that originated with Sunlyn's vendors and clients, ensuring seamless access to financial products.

Winners: Sunlyn’s 2023 win at the Raging Bull Awards

At the 27th Raging Bull Awards, Sasfin Asset Managers was awarded for its BCI Fund. The award is a recognition of the fund's consistent performance since its formation in July 2019 and reflects Sasfin's dedication to offering a lucrative and low-risk investment option to its investors.

Sunlyn Services

Sunlyn's equipment finance solutions are customised to meet the specific requirements of any business, regardless of its specialisation.

The programme is designed to improve the working capital cycle, enabling you to use your existing capital for growth. Sunlyn offers finance that comes with low risk and provides the necessary funding for businesses. The financial package provided by Sunlyn is tailored to meet the client's specific needs and does not require minimum collateral.

Sunlyn's specialised equipment finance: Customised solutions for your business needs

Sunlyn provides financing alternatives to businesses for assets such as vehicles and equipment that have a value exceeding R250,000. These options encompass rentals, instalment sale contracts, and leasing with a duration that varies between 24 and 60 months.

These funding options are accessible if your company has been operating for over a year. Sunlyn's specialised capital equipment finance programme is adaptable to meet the requirements of any kind of business.

Unlocking business growth with equipment finance

Businesses can benefit from the capital equipment finance programme by accessing equipment with minimal or no initial capital outlay, deposits, or escalating costs. As a result, working capital remains unharmed as a result of negotiable deposit requirements.

By freeing up the cash flow, businesses can expand without jeopardising their working capital.

Each financial solution provided by Sunlyn is unique to each business and meets its specific needs. In addition, businesses can maximise lease or instalment payment plan tax benefits.

Summary of benefits of using Sunlyn's equipment finance

Businesses can receive financing options for equipment and vehicles, worth over R250,000, with minimal to no initial capital outlay, deposits, or rising costs. Sunlyn offers flexible finance options that cater to the needs of any business, with negotiable deposits that keep free up cash flow.

Customised financial solutions are available to suit each business's needs, with the added benefit of tax advantages from instalment or lease payment plans. Sunlyn also offers access to import services without any minimum collateral requirements. Additionally, businesses can expect quick credit solutions that limit risk while providing them with the necessary funds.

Sunlyn – Asset Finance

Loan Type Asset Finance
Loan Amount from R250,000

Benefits of Sunlyn

Expertise in niche markets, offering unique products tailored to specific needs.
Partnership with Sasfin, providing access to asset finance through various arrangements.
Equipment finance solutions designed to improve the working capital cycle.
Financing options with low risk and no minimum collateral requirements.
Customised financial packages to meet the unique needs of each business.
Financing available for assets exceeding R250,000, including vehicles and equipment.
Flexible financing options, such as rentals, installment sale contracts, and leasing.
Quick credit solutions with minimal initial capital outlay, deposits, or rising costs.
Preservation of working capital, allowing businesses to expand without financial strain.
Tax advantages available through installment or lease payment plans.
Access to import services without minimum collateral requirements.
Streamlined application process requiring relevant business and equipment details.
Eligibility for businesses operating for more than 12 months.
Equipment financing benefits, including acquiring equipment without initial capital outlay, flexible finance options, negotiable deposits, and cash flow freedom.
Customised financial solutions tailored to each business's specific needs.
Tax benefits leveraged through installment or lease payment plans.
Access to additional financial solutions, such as import financing and delivery.
Options to purchase new and second-hand equipment with extended credit terms.

Completing Sunlyn’s equipment finance application: What you should know

The Sunlyn equipment finance application form requests a range of contact and business information, equipment details, payment options, and company management and financial background.

The application form requires quotes or invoices of the equipment to be financed, details of payment options and suppliers, and whether an import facility is required.

The form also requests details of the business's management, its owners, and its financial background, including information on previous businesses worked for and financial management experience. The form also asks for information on the business's history, the landlord's details, and commercial banking information.

The eligibility requirements to apply for equipment finance from Sunlyn

The business should have been in business for more than 12 months.
The movable asset being financed (such as equipment or vehicles) should be R250,000 or more.
The business should provide the necessary documents.

The following documents are required when applying for Sunlyn's equipment finance:

A certified copy of the ID documents of shareholders, directors, or members.
A certified copy of the company's statutory documents, such as the Certificate of
Incorporation, Memorandum and Articles of Association (for companies), or Founding
Statement (for close corporations), as well as an organogram, a copy of the shareholders' certificate, or a letter from the auditor confirming shareholding.
A tax clearance certificate and the latest VAT forms.
Audited financial statements that are not more than 12 months old.
Up-to-date management accounts.
A budget and cash flow projections.
A signed personal statement of assets and liabilities of shareholders.
A copy of the company's sales literature or brochure.
An equipment schedule.
Any contracts, orders, or work on hand.

A final word on Sunlyn’s equipment or asset finance options

Equipment financing benefits for businesses include the ability to acquire equipment without an initial capital outlay, flexible finance options suitable for any business, negotiable deposits that allow working capital to remain intact, and the freeing up of cash flow that would be connected to the equipment's life.

Furthermore, customised financial solutions can be tailored to each business, and tax benefits can be leveraged through instalment or lease payment plans. Businesses can also access additional financial solutions such as import financing and delivery, and have the option to buy equipment both new and second-hand with extended credit based on the equipment's life expectancy.