Far too long South African businesses have missed out on opportunities that could have been the turning point for their growth, had they a simpler and faster way to access funding.
Using leading-edge technology combined with an innovative approach to assessing credit, BUSINESS FUEL is committed to changing the finance experience for our customers.
Definitions and Interpretation
1.1. “consent” means any voluntary, specific and informed expression of will in terms of which permission is given by or on behalf of you of the website for the processing of the Information;
1.2 “Business Fuel” means Business Fuel (Pty) Ltd, registration number is 2016/212828/07
1.3 “Information” means any personal and commercial information or information relating to you, including but not limited to:
1.4 “Business Fuel website” means the website or any part thereof which is accessible from https://www.businessfuel.co.za;
1.5 “users/s / you / your / or yourself” means any person accessing any part of this website
Certain pages on the Business Fuel website have been structured so that you can access the Business Fuel website without identifying yourself or revealing any personal information. However, should you wish to make full use of the Business Fuel website you may be required to provide us with personal information and accordingly we have made this notice readily available on the Business Fuel website.
By accessing and using the Business Fuel website and/or by interacting with Business Fuel in any capacity whatsoever, you consent to the processing of the Information on the basis set out below. If you do not consent you should stop accessing and/or using the Business Fuel website. This consent will apply in relation to each interaction between yourself and Business Fuel.
Certain services are linked with those Linked Sites, some which offer you the option to share with both Business Fuel and the third party personal data you provide. However, Business Fuel will not share the Information with those Linked Sites unless you make that choice.
Types of information collected
When you register on the Business Fuel website we need to collect, use, process and in some instances, share the Information in order to provide you with the services, products or finance you have applied for. The Information may include, but is not limited to:
Once you choose to register with Business Fuel and provide us with the Information, it will be used for the purposes of providing you with the requested service, products or finance if your application is successful. Business Fuel will comply with all laws, contracts or regulations when it processes the Information. We respect your privacy and undertake not to sell, rent or lease the Information to others.
Certain non-personal information may be collected while you are using the Business Fuel website. This will comprise of data about usage and service operation that is not associated with a specific personal identity. Business Fuel may collect and use this non-personal information to evaluate how the Business Fuel website is being used.
Technologies may vary, but in many cases, may involve a small file stored locally on the computer used to access the Business Fuel website, and may be used to store and collect information relating to your viewing and use of the Business Fuel website. Information collected through cookies is used to create a profile of our users. A profile is stored information we keep on individual users that details their preferences, their use and request history and behavioural activity, and can minimize the need for you to re-enter information.
Business Fuel may collect your computer’s IP (“Internet Protocol”) address and domain name address, the identity of your internet service or access provider, the type of web browsing software you use, your computers operating system, the URL of the web page from which you came to visit the Business Fuel website and the language you selected for your web browsing software (collectively referred to herein as clickstream data). We use these technologies to identify our users, to help diagnose problems with our server, and to administer the Business Fuel website and the services offered thereon.
How Business Fuel collects the information?
We may collect the Information in several ways, including:
How Business Fuel will use the Information?
Business Fuel needs and uses the Information to provide you with the services you request and to help us better understand your needs and interests in the future. Specifically, Business Fuel uses the Information to help you complete and provide the services you have requested.
We may use the Information for the following purposes:
How Business Fuel will share the Information and with whom?
Business Fuel will not share the Information with third parties except in responding to your requests for products, services or finance.
This may include the processing of the Information for credit reporting purposes. For this purpose, you hereby consent to Business Fuel requesting and obtaining credit information pertaining to you from a credit agency for concluding any transaction offered by Business Fuel through the Business Fuel website.
Business Fuel may partner with other organizations who may provide you with the services requested through the Business Fuel website. These partner organizations are required to keep the Information confidential received on behalf of Business Fuel and may not use it for any purpose other than to carry out the services they are performing for Business Fuel.
We may disclose the Information to third parties who provide services to us, including organizations and contractors that assist us with the purposes for which we use the Information. These services include:
How we use the Information for direct marketing
We may also use the Information so that we can promote and market products, services and special offers that we think will be of interest to you. This marketing may be carried out in a variety of ways (including by email, SMS/MMS, or social media or by customizing on-line content and displaying advertising on websites) and may continue after you cease acquiring any products services or finance from us until you opt-out. You may opt out by calling us on 021 914 0384.
Data access, accuracy, amendments, retention and opting out
Business Fuel will try to keep the Information accurate. We will provide you with access to the Information. To protect your privacy and security, when doing so, we will also take reasonable steps to verify your identity. Upon request, Business Fuel will:
Business Fuel undertakes to take all reasonable measures to protect the Information you provide us. These measures include, but are not limited to preventing unauthorised access or disclosure, maintaining data accuracy, and ensuring the appropriate use of the Information. Business Fuel has in place reasonable physical and managerial procedures to safeguard the Information we collect.
As the internet is not a secure medium of communication, Business Fuel cannot guarantee the security of any of the Information you input on the Business Fuel website or send to Business Fuel via the internet. Business Fuel is not, and will not be, responsible for any damages you or others may suffer because of the loss of confidentiality of any of the Information.
If the Information about you is inadvertently leaked or Business Fuel’s security has been unlawfully breached by any unauthorized party, Business Fuel shall immediately identify the relevant users who may be affected by the security breach, and shall contact them at their last known email address or contact details or by the quickest means possible.
Business Fuel shall provide sufficient information to you to allow you to take the necessary protective measures against the potential consequences of the compromise, or shall advise you of the steps to be taken by you and the possible consequences that may ensure from the breach for you.
Changes to this statement
Law and jurisdiction
Acceptance of policy
Business Fuel made it possible for our company to complete some big contracts by providing us with capital to manage our cash flow and since then, we have never looked back. It is an absolute pleasure to work with the Business Fuel team, especially with their hands-on assistance and understanding of our business growth. They will always be on our contact list and we know that it is a relationship that will last for a long time.
- Kappie Kleinsmit | Tetracon
We were extremely impressed with the professionalism of Business Fuel and the promptness in handling our finance application. We would definitely refer Business Fuel as they were there for us when we needed it most. Their assistance helped us maintain customer relations and ensure our company’s growth going forward.
- Grant | Tailifts South Africa
Business Fuel was very helpful when we approached them. We were in the process of buying new property and had a shortfall on the deposit. We needed the money within 7 days to cover this.
A friend mentioned that I should search for companies that provide funding based on your cashflow. I found Business Fuel online and filled out their online application form. A consultant contacted me within a short space of time and from completing the online application form, my loan had been approved within 2 days with the funds being transferred to our account. My problems were solved, I paid for the property and today we are trading from it. Thanks to Business Fuel our business is solid and growing.
- Michael Mahlakoleng | 24HR Printing
Thank you for your professional and efficient service. Business Fuel really made a difference in our business!
- Anton Swanepoel | NSA Group
Like any business we have experienced cash flow problems during our quieter periods. Business Fuel was there to rescue our company financially on more than one occasion. They have helped us tremendously to keep our company rolling in very difficult times. Their staff are excellent to work with and very efficient. With just in a few days from application the money was transferred into our account.
- Faaria | Nufoods