Kathlego Cash Loans has been providing cash loans to South Africans since 2010. We provide cash loans up to R30,000 with a repayment period that suits you. First time clients are limited to loans of R5,000 over three months. Additional cash loan can be taken out after second repayment.
Please note that Kathlego Cash Loans DO NOT provide loans to those individuals that is blacklisted, any judgements against them or any overdue accounts.
While being relatively young we have proven to be very popular due to the fast and friendly service we provide. The average time it takes from application to the money being in your account is one hour, providing all supporting documents have been submitted and are correct.
Our business is a balance between friendly employees and dynamic systems and processes. We use state of the art systems like Altech NuPay, providing us with access to all South African banks and their subsidiaries, thus enabling us to serve our clients better.
So call us, email us or visit our branch to get the credit you need!
“Kathlego Cash loans are a reliable, quick and hassle free company to use when you need a loan. On both occasions I have borrowed from them, they went out of their way to make sure the process was as speedy and efficient as possible, with the result of getting the cash instantly! I am very happy to have build a good relationship with them and would recommend anyone to use their services” Liz
“Thank you so much your service is number 1 in this country i will refer my workmates and friends“. Solomon
PROPERTY experts have called for a national star rating system to protect buyers from losing out when banks suddenly shift their lending criteria.
Macquarie Bank is the latest to tighten lending for apartments, with a leaked list of “risky postcodes” throwing into question the viability of new projects in a long list of suburbs across the nation.
Be it for a planned expense such as crossing off an item in your travel bucket list, or a pressing financial need like coping with an increase in your child’s tuition fee, you may consider getting a cash loan. More often than not, when in comes to cash loans, quicker is often seen as better.
For many aspiring entrepreneurs, the single greatest deterrent to them starting a business is a lack of access to finance. Banks and other traditional lending institutions tend to make it difficult for startups especially to access loans due to their strict lending conditions. It’s advisable therefore that as a startup looking to access financing you seek the counsel of experienced professionals in the area of finance, as they understand the nuances involved in that sector and will be better able to instruct you. Formed in 1997 and having established a global recognition as experts in the area of accounting, Spira Twist and Associates fits this bill. In this article accounting firm Spira Twist explains how to get a loan when you’re a startup.
Deciding which type of lender as well as the type of loan that you are going to apply for should be done before you start submitting any applications. There are some loan facilities that will suit a startup more than others, and knowing these beforehand will save you time as you won’t be walking into every loan company trying to see which one of them will be willing to offer you a loan.
In addition narrowing your options will allow you to focus your applications on meeting the necessary requirements of each selected company which will increase your likelihood of having a successful application. The Business News Daily, in their article, A Guide to Choosing the Right Small Business Loan (http://www.businessnewsdaily.com/7695-small-business-loan-guide.html) had proposed the following questions to consider, which would help you to decide which kind of lender and loan you should choose;
How much money will you need?
It is important that you don’t under estimate the amount that you need, as you may find yourself running out of money sooner than you expected. It is equally important that you don’t over estimate either, as too large an amount may cause loan agencies to shy out of the agreement especially if you don’t have a proven track record.
What will the money be used for?
Be very clear about what the money that you are seeking will be spent on. Lending agencies want to know that you are going to hold yourself accountable for the funds that they are going to lend to you and that you will not abuse it, but will instead invest it wisely, so they can be guaranteed repayment.
How soon do you need the money?
Lending agencies want to see how prepared you are to actually get started in business. They want to know that you are ready to go, and the finances that they provide will be the final piece of the puzzle. Any hint of unpreparedness may cause them to decline your application.
How long will you take to pay back the loan?
Lending agencies want to know how soon you will start generating income, so that you can pay them their money back. They also want to see that you do have some sort of plan for repayment. They likely won’t lend if it appears that paying them back their money, has not figured in any of your planning.
What collateral, if any is needed to secure the loan?
Most entities will require collateral; this of course will ensure that lenders have some way of recovering their money if you are unable to pay them back. If you do not have collateral, do not be dismayed, there are several loan facilities available, usually offered by the government that may not require that you put up capital. The US Small Business Association is one such example, though you must meet certain eligibility requirements to qualify. You may visit this link to see their criteria; https://www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/general-small-business-loans-7a/7a-loan-program-eligibility. Check with your local organization that is responsible for small businesses to find out if such a facility exists in your country.
If you are looking to start your own business, but face a challenge where capital is concerned, don’t be discouraged. You will be able to gain access to capital by adequately answering the questions stated above, and doing your necessary research. There are myriads of funding options available, that will provide you with the funds that you need, so that you will be able to get your startup off the ground.