We provide finance for asset purchase or personal needs. Personal loans are repayable in equal instalments over an agreed period to suit your financial needs.
Features
No maximum amount
Security will be required in most cases irrespective of the amount requested
A standard maximum term of 5 years applies, however this term can be shortened depending on the nature or amount of the loan
A initial loan approval fee is applicable upon acceptance of the loan agreement
Loan repayments are normally structured on a Principal and Interest basis
An Arrears Fee applies to defaulted repayment arrangements
A Loan Administration Fee is charged monthly
Interest is calculated on the daily balance and charged to the account monthly
Benefits
Regular repayment arrangement to suit customer’s needs
Can be used to finance a wide range of individual or business needs