Compare the best loans of South Africa and find the lowest rate
Bayport, is one of the most reliable companies when it comes to finding the solution to your financial troubles. It is a company dedicated to solving their client´s issues and making them achieve their goals on time. The company has designed several loans, all of which can meet specific needs such as educational ones, building houses or apartments, expanding your business or company, using in in the agricultural field, paying personal emergencies you face in daily life and the list can go on forever.
In the next article, I will give you information about the different loans found at Bayport: Short Term Loan, Medium Term Loan and Long Term Loan. Then, I will explain you how does their system work, details about the application and different requirements you must meet so as to be eligible. At the end of the article, you will receive information as to how to contact the company in the country.
As stated above, there can be found three type of loans:
1 -SHORT TERM LOAN
This is the kind of loan you can pay in the short term, as it is called. It can help you meet any need, from paying your bills in your house or medical ones, funeral expenses, planning important parties or events for the family members and more. You can repay for this loan in periods that include 1, 3, 6 and even 9 months, a lot.
2-MEDIUM TERM LOAN
This loan has the wonderful characteristic of making you access to a loan that you can pay in the medium term, so you have plenty of time to complete its financing without complications in the future. In fact, you are given periods that range from 1 to 2 years. A lot of time to comply with the payments.
How can you use this loan?
-You can pay educational tuition
-You can pay medical expenses
-You can pay a trip
-You can purchase products you will use in your farm
-You can make your business bigger by purchasing certain products and appliances
-You have the chance of purchasing furniture for your house
So, if you are planning to improve your house or even the company you have just founded, you will benefit a lot from this loan believe me.
3-LONG TERM LOAN
This loan can be paid in the long term, which gives you freedom so as to make the different repayments. You have from 36 months to a period of 60, which is a lot of time for every client.
Many clients make use of this loan so as to purchase a new car, a new house or apartment or even to found a new business or purchase a new physical office for their already existing business. What is more, you will observe that you will not be alone in this process, since the representatives of the company are here to guide you, give your assistance and some tips regarding the complete lending procedure.
The application for a Bayport Personal Loan
-You can do it online by filling one form with personal information such as your full name, phone number and then wait until the company phones you
-The application procedure will last only some minutes, which makes it very efficient and easy to use and handle
-In about some minutes you can get to know whether you qualify or not for a loan you are interested in
-You need to register yourself in the website of the company and then check affordability
DOCUMENTATION NEEDED FOR A BAYPORT LOAN:
You will need bank statements from the bank you operate with, which cannot be 3 months older, recent pay slips, a copy of your ID and that is it. Moreover, your income plays an important role, since it is a way of defining whether you can afford a loan or not with your budget. Please give faithful information about your income, so as to have a real picture of what your budget is.
CALCULATOR: inside the company´s website you will find a calculator that enables you to check affordability. You only need to choose amount of money you would like to be given, the length of time and then the calculator will give you complete data about the amounts and also repayments. For instance, if you choose R 50 000 and you want to pay it in 36 months, you will end up paying the whole loan in august 2020 and the repayments will be those of R 2500 each month.
CONTACT INFORMATION OF BAYPORT
-One of the ways you can communicate with the company is by phone that is you dial up 087 287 4000 from home and make sure to have all your information with you so as to give it to the staff.
-You can also send an email to the company, to the following email address: email@example.com with a copy of the documentation stated above, so as to proceed with the application right away.
-You can send a fax to the company with the copies of your documentation to this number: 086 634 8360.
-You can enter the company´s official website or even send a message through Facebook to the firm so as to get information about loans, insurances and also access to their fan section.
-There are many offices you can go to. In the following chart you have information about another office located in Pretoria
R 99 000
Fixed by Bayport
Pretoria, Pretoria Central, Metopolitan Building. 228 Pretorious Street
From 09:00 am to 08:00 pm
Being South African citizen and having all the documentation related to personal and financial data of the customer.