Bayport Loans – Proficient Personal Loan Provider

Overview

Although the lending industry is dominated by commercial institutions, an increasing number of lending options are made available to borrowers through micro lenders. Established in 2004, Bayport Loans is rapidly becoming one of the largest non-bank providers of unsecured credit and allied products in South Africa. Offering personal loans of up to R100 000, Bayport is in the process of becoming a leading multinational company. Committed to the assurance of affordable and conveniently tailored solutions, Bayport is establishing a multifaceted distribution footprint through the provision of loans nationwide. 

As a subscriber to government policy and guidelines, Bayport has a level 5 BEE rating. Clients are also offered affordably structured repayments and a fixed interest rate throughout the loan term. This, coupled with the implementation of a proven information technology platform and a proficient risk and credit assessment competency, has enabled Bayport to substantially grow market share whilst maintaining credit quality.

Bayport Loans provides tailored financial services, which range from short, medium and long term loans to transacting services, insurance and savings options. Applications are done online, whereby individuals start the process by answering the 2 questions and then select their loan amount and fill in details in the following steps. Bayport’s unsecured loans offer the major advantage of not having to submit any collateral valuable assets like vehicles or property. Bayport encourages responsible lending, so the entity ensures that its clients understand the terms of repayment. Clients also receive insurance cover in cases of retrenchment, permanent disability, death or contraction of a dread disease.

Bayport believes in helping communities by providing access to financial services and assisting individuals obtain financial security. For proficient loan solutions, contact Bayport on: 0861 229 7678.