Q. Do you provide personal unsecured loans (micro lending)?
Q. Is security a requirement to obtain a loan?
A. Yes, e.g. conveyancers undertakings, bank guarantees, mortgage bonds, cessions of share portfolios, cessions of rental agreements, suretyships.
Q. How long does it take between application and payment?
A. It depends on the type of loan, but in general (if provided with all the required info and documentation):
> Advance Agents Commission – same day
> Advance Seller’s Proceeds – same day
> Business loans, Development loans, Trade finance, Customised loans for renovations, Farmers loans, Tailor made financial packages, etc – as soon as the loan has been approved and where applicable investor funds have been secured
Q. Are you registered with any regulatory body?
A. Yes, the National Credit Regulator under no. NCRCP2058
Q. Do you provide open ended loans?
A. No, there must be a time period or event within which the borrower undertakes to exit or repay the loan. The proof of such an exit should be guaranteed.
Q. Rates and Costs?
A. It varies from loan to loan, so please contact us for a quote.