SMALL LOANS FOR HOUSING
• Small loans to improve or extend a house
• Loans are paid out to a 3rd party (Building material supplier)
• Only 30% of the loan amount can be paid to the client to pay for wages
• Family income is taken into consideration in order to determine affordability
• The emphasis is on affordability!
• We strive not to overindebt clients!
• Bigger loans to a maximum of R150 000
• With a loan term of up to 12 years
• The client must own the property
• Repayment must be by salary deduction
LOANS AGAINST SAVINGS
• A client can only borrow against the savings if he/she saved for more than
• Can only borrow up to double the amount saved
• Competitive interest rates
• Requires fellow members to support the application
The Beehive group of companies was established in 1992 when a group of business leaders, church leaders and welfare leaders got together to address the high unemployment rate amongst the people living in the rural area of Lydenburg in Mpumalanga, South Africa.
Beehive started off as a job creation project, facilitating skills training as provided by training providers to unemployed people.
In 1994 the focus changed to enterprise development and Beehive become one of the first institutions to be accredited as a Local Business Service Centre to support small business development.
In 1996 Beehive partnered with the Get Ahead Foundation and Entrepreneurial Development South Africa to administer access to finance to mainly groups of women in survivalist businesses and emerging contractors participating in low cost housing projects.
Beehive received its first financial support from the Swedish International Development Agency and the Development Bank of Southern Africa.
Corner of Voortrekker & Burger Streets
Mpowa Finance loans application is done online and this means clients do not have to leave work and visit a branch to apply for a loan. Rates offered are in term with the National Credit Act and are amongst the lowest in the country. After users pay off their loan they are welcome to apply for another one should they need it.
Reapplications for Mpowa Finance loans are also done online making the whole process easier. Mpowa Finance can help anywhere within the borders of the Republic of South Africa. They believe in forming relationships with their clients and are understanding of their changing needs and circumstances.
How it Works ?
Step 1: Complete the online application by 3 PM today and create an account. A loan contract will be emailed immediately.
Step 2: Upload your latest 3 months bank statements and your signed contract OR fax your documents to your designated loan consultant.
Step 3: A Mpowa Finance consultant will call you for a voice recording of your contract details. Cash hits your account at 5 PM!
Alternative Loans based in Alexandra, Gauteng offer short term loans from as little as R500 up to R16, 000 at a market related interest rate. Alternative Loans offer customers a personalised repayment terms based on negotiations, however they will give one full month to pay back the loan. These loans are very reliable and convenient to individuals not looking to get tied on a long term loan agreement.
You can apply for Alternative Loans with four easy steps. Firstly you need to figure out how much you would like to apply for and contact them. You can visit them in Alex, email application or apply online. To apply online, simply visit their website and complete the application form with your details and a consultant will contact you back to assist with the process. If your application is approved, funds will be paid directly into your banking account same day.
You can use the funds however you wish. You may pay for your education fees, fix your car, fix home, go on a family vacation, pay medical expenses, handle small legal fees and so on.
Who must apply for Alternative Loans?
Any person who meets the following requirements criteria and looking for a loan provider they can trust is welcome to apply for the loan.
18 years or older,
permanently employed for 3 months minimum,
earning a regular income a month and are in the possession of a bank account and
SA green bar coded ID, then you will qualify for this loan.
Get a quick micro loan from Microfin Cash Loans for up to R15,000 and get same day cash payout.
The terms can vary from 1 month to 6 months. It can be used for unforeseen emergencies where you may need access to finance.
It’s very important to remember, that with a Micro loan the entire amount owing, with interest is payable within 1 month or sometimes within 6 months. So make sure that you only apply for what is needed
Tel: 021-683 2595 Address: Station Weg 11, Claremont, 7700. E-mail: email@example.com
Apply for a loan of up to R6 000 with JN Finance in Bloemfontein. JN Finance comprises of of Impala Finance, Amantla Finance, Zani Finance, Kagiso Finance, New Africa Finance, Rainbow Finance, Mangaung Finance, Iwita Finance, Hamilton Finance.
051 448 1003 – Aletta Botes
131 A St Andrew Street
051 448 9777 – Eckhardt Booysen
131 B St Andrew Street
051 448 4793 – JP Botha
22 Fontein street
051 448 0471 – Marius Botha
92 Nelson Mandela street
NEW AFRICA FINANCE
051 448 8444 – Ronald Pieterse
27 Fichardt Street
051 448 8282 – Lelanie Jordaan
7 Charles street
051 432 7385 – Chris Pietersen
6 Dennis Pooley street
Policy Trader provides an alternative to a personal loan by providing an option to SELL YOUR restricted investment.
No matter whether you have bad/poor credit history, Policy Trader is able to provide you with an option that does not require you to apply for a loan or pay back any interest. No credit vetting (credit check) and no interest is charged because you are selling something you own.
If you own an endowment policy, structured product or preference shares which is restricted, you are still able to sell it for a market related price even though the life companies or product providers are not able to offer you a price due to it being restricted. Policy Trader will pay out the agreed cash amount within 48 hours*, making the process quick, simple and hassle free.
Products that don’t qualify at Policy Trader
are: Retirement annuities, new generation pure life cover only policies, deferred compensation, policies that have already matured and lastly funeral policies.
Xcelsior Financial Services offer a credit facility against any movable assets. The application process is quick, easy and paperless. You can have the cash transferred to the bank account of your choice within 45 minutes. There is no lengthy administrative process and no red tape. Loans are available from a minimum of R5 000 to a maximum of R500 000 and only limited to the value of assets offered as security.
XCELSIOR’s unique loan model makes us the preferred short term credit provider in South Africa. We believe in doing well by doing good.
You would need the following to qualify:
• You would need to own a FULLY paid up movable asset that is in your name, for example we take: Cars, Trucks, Motorcycles, Trailers, Boats ETC.
• Once the loan amount is accepted we then pay it out in any bank account of your choice, the money is available even before you leave our premises. The whole process takes approximately 45 minutes.
• The vehicle does stay with XCELSIOR in a security storage facility along with the original RC1 papers and once the loan is paid up we release both your asset and RC1 back to you within 24 hours.
• You will need to bring your ID and drivers license to any of our 5 branches when taking out the Loan with Xcelsior.
No affordability assessments or credit checks. Any client is welcome as the value of the assets used as security determines the qualified loan amount.