Short Term Loans

        Short Term Loans

A short term loan is any type of loan that you as a consumer can take up and are expected to repay within a few days, a few weeks or at most a few months but never more than a year.

R250 000
Loan amount R1 000 - R250 000
Interest 20 %
Maturity 6 - 84 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 6 - 84 months

Loan requirements

  • A copy of your I.D.
  • Your most recent monthly bank statements
  • A copy of your most recent pay slip
  • Proof of residence (not more than three months old)

About company

More information about the company Bayport Financial Services 2010 (Pty) Ltd.

Borrow from R1 000 with interest from the 20 % Moread
R4 000
Loan amount R500 - R4 000
Interest 38 %
Maturity 1 - 30 days

Fast information

Properties of this loan

  • Online loans up to R4.000
  • Term 1 - 30 days

Loan requirements

  • ID client number
  • Bank finance details
  • Recent three month bank statement
  • Proof of employment

About company

More information about the company Quick Ching (Pty) Ltd t/a Mulah

Borrow from R500 with interest from the 38 % Moread
R5 000
Loan amount R1 000 - R5 000
Interest 3 %
Maturity 1 - 6 months

Fast information

Properties of this loan

  • Online loans up to R5.000
  • Term 1 - 6 months
  • Same-day cash

Loan requirements

  • The borrower’s age should be in the range of 18 to 65 years
  • Users must pass a credit check
  • Requires a current email address
  • Provision of current phone number and Debit card
  • Recent pay slips and Proof of address

About company

More information about the company Cobol Finance

Borrow from R1 000 with interest from the 3 % Moread
R50 000
Loan amount R1 000 - R50 000
Interest 79 %
Maturity 6 - 24 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 6 - 24 months

Loan requirements

  • A valid SA ID
  • 3 latest payslips or 3 latest bank statements
  • Must be permanently employed and earning a monthly salary
  • A valid cell phone number
  • A valid SA bank account
  • Must be 18 years or older

About company

More information about the company Capfin SA (Pty) Ltd

Borrow from R1 000 with interest from the 79 % Moread
R1 500
Loan amount R200 - R1 500
Interest 32,64 %
Maturity 3 - 31 days

Fast information

Properties of this loan

  • Online loans up to R1.500
  • Term 3 - 31 days
  • Easy online application

Loan requirements

About company

More information about the company Bruxo Loans (Pty) Ltd

Borrow from R200 with interest from the 32,64 % Moread
R3 000
Loan amount R1 000 - R3 000
Interest 3 %
Maturity 1 - 31 days

Fast information

Properties of this loan

  • Online loans up to R3.000
  • Term 1 - 31 days
  • Easy application

Loan requirements

  • You need to be a South African citizen and above 18 years of age
  • The Minimum Net Salary after deductions required to qualify for a loan is R10000

About company

More information about the company African Spear Trading 183 cc T/A Express Finance

Borrow from R1 000 with interest from the 3 % Moread
R200 000
Loan amount R1 000 - R200 000
Interest 20 %
Maturity 1 - 5 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 5 years
  • Easy application

Loan requirements

  • To apply, you must be 18 years or older
  • Please carefully read the terms and conditions before applying

About company

More information about the company AB Partners (PTY) Ltd

Borrow from R1 000 with interest from the 20 % Moread
R200 000
Loan amount R10 000 - R200 000
Interest 2 %
Maturity 1 - 10 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 10 years
  • Easy online application

Loan requirements

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old

About company

More information about the company EC Loans

Borrow from R10 000 with interest from the 2 % Moread
R350 000
Loan amount R250 - R350 000
Interest 15 %
Maturity 1 day - 84 months

Fast information

Properties of this loan

  • Online loans up to R350.000
  • Term 1 day - 84 months

Loan requirements

  • To earn a regular monthly income of at least R2 000 per month
  • To have a cheque account into which your monthly income is paid
  • To be 18 years or older

About company

More information about the company Absa Bank Ltd.

Borrow from R250 with interest from the 15 % Moread
R150 000
Loan amount R5 000 - R150 000
Interest 5 %
Maturity 6 - 72 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 6 - 72 months
  • Easy online application

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or driver’s license
  • Have a bank account

About company

More information about the company Go Personal Loans

Borrow from R5 000 with interest from the 5 % Moread
R150 000
Loan amount R100 - R150 000
Interest 34,9 %
Maturity 3 months - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 months - 6 years
  • Easy online application

Loan requirements

  • If you are a South African citizen
  • Over 18 years of age
  • Employed and banked

About company

More information about the company Loans 4 Payday

Borrow from R100 with interest from the 34,9 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 27,75 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • First loan strictly for women

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company First for Women Insurance Company Limited

Borrow from R1 000 with interest from the 27,75 % Moread
R2 500
Loan amount R100 - R2 500
Interest 36 %
Maturity 30 - 60 days

Fast information

Properties of this loan

  • Online loans up to R2.500
  • Term 30 - 60 days
  • Online application

Loan requirements

  • Age – 18 Years or Above
  • South African Citizen
  • Must have a Bank Account
  • Have a Permanent Employment

About company

More information about the company Fak'Imali Cash Loans Trading as Matotololo Group (Pty) Ltd

Borrow from R100 with interest from the 36 % Moread
R2 000
Loan amount R500 - R2 000
Interest 19 %
Maturity 1 - 90 days

Fast information

Properties of this loan

  • Online loans up to R2.000
  • Term 1 - 90 days
  • Easy online application

Loan requirements

  • You need to be a South African citizen
  • above 18 years of age
  • You also need to be employed and have a valid bank account

About company

More information about the company gp credit Solutions (Pty) Ltd

Borrow from R500 with interest from the 19 % Moread
R5 000
Loan amount R300 - R5 000
Interest 1,5 %
Maturity 7 - 30 days

Fast information

Properties of this loan

  • Online loans up to R5.000
  • Term 7 - 30 days
  • Money in 15 minutes

Loan requirements

  • South African ID
  • Be over 18 years of age
  • Have a bank account
  • Have an internet access

About company

More information about the company CashCat CO ZA

Borrow from R300 with interest from the 1,5 % Moread

        Short Term Loans

According to a 2015 survey on poverty levels in SA, of those living below the poverty line (upper bound), the adult population makes up 50%. We are living during an era of hard economic times. In times like these, you may find yourself in desperate need of a short term loan.

These types of loans are common for solving minor emergencies or temporary cash flow problems. If you reside in South Africa, here are four types of short term loans you can take up.

Payday Short Term Loans in South Africa

This is perhaps the most common type of short term loan among South Africans. A pay day loan is a loan taken up by an individual so as to cover their monetary needs before their salary arrives. Like the name suggests, the individual is expected to repay the loan on pay day i.e when their salary clears. 

For an individual to qualify for a pay day loan, they must provide proof of employment as these loans are designed for people with a salary and not business people. Due to the fact that these loans are to be repaid at the end of the month, consumers are advised to ensure they borrow small amounts and plan their salaries effectively to avoid financial hardship upon repaying the loan.

If a payday loan is too large, the individual may get a minute portion of their salary after the lender deducts borrowed amount plus interest.

Short term Online Loans

With the global economic trends shifting to the internet, there are numerous lenders in South Africa who are providing short-term loans online. All you have to do is fill out a form as well as provide the necessary documents such as ID, bank statements and proof of residence.

Upon receiving the documents, the lender conducts a credit check to determine your creditworthiness. If you get approved, the money gets wired to your bank account within the stipulated application time.  These types of short-term loans have become very common for minor emergency because there’s not a lot of bureaucracy or complicated application processes involved.

Invoice Financing     

If you own a business, you can also apply for an invoice financing. Invoice financing is a short term loan provided by a lender to a business to facilitate the filling of pending invoices. Let’s say you have an invoice to provide goods or services worth a given sum of money but you lack the funds to complete the order.

Invoice financing enables you to get a short term loan that enables you to complete the order and then repay the loan once you get paid by your client/customer. It’s essential to note that the lender will assume ownership of the invoice and upon payment they will take back the borrowed amount plus a little interest before forwarding the rest to you.

Merchant Cash Advances 

Though this is considered a short term loan it usually works on a cash advance basis because the loan is provided by a merchant as opposed to a financial institution. A lender provides a loan to a business on the basis that the business purchases goods or services from the lender. The lender is then granted access to your credit card transactions via a point of sale terminal and a small amount of the card revenues gets redirected to the merchants as repayment of the loan.


Short Term Loans rating: 4.5/5 from 20 votes.
Lincoln Ndirangu Lincoln Ndirangu(LinkedIn)
Lincoln Ndirangu is a professional freelance web copywriter based in Nairobi, Kenya. For over 7 years, writing for the web and engaging the online audience has been primary focus and passion.More information...

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