FREQUENTLY ASKED QUESTIONS
Questions About Our Short-Term Loans
Clear answers about loan amounts, who can apply, documents, repayments and costs. If your question is not answered here, contact us and we will assist.
1. WHAT IS THE MINIMUM LOAN AMOUNT?
R500.
2. WHAT IS THE MAXIMUM LOAN AMOUNT?
R3,000.
3. WHO CAN APPLY?
Any customer who is working and can be able to prove that they receive a salary.
4. WHAT DOCUMENTS ARE REQUIRED?
ID document, payslip and bank statement.
5. HOW LONG DOES THE APPLICATION PROCESS TAKE?
1 hour – 48 hours, depending on the customer profile.
6. HOW ARE LOAN APPLICATIONS ASSESSED?
In accordance with our standard operating procedures and the relevant policies.
7. HOW DO REPAYMENTS WORK?
Customers have an option to choose from immediate repayments, which will take place in the same month, or to split the repayment over 2 or 3 months.
8. WHAT INTEREST AND FEES WILL I BE CHARGED?
30% interest. The applicable interest, fees and total cost of credit are set out in your quotation and loan offer before you accept.
9. CAN I SETTLE MY LOAN EARLY?
Yes, early settlements can be done within the first month.
10. HOW CAN I CONTACT SIBUSE CAPITAL?
Email us at info@sibusecapital.co.za, or send a WhatsApp message to 081 313 7916 or 071 383 1354.
Please note that these answers are provided for general information and do not constitute an offer of credit. All applications are subject to affordability assessments, applicable lending criteria and approval.
Still Have A Question?
Our team is available on WhatsApp and by email between 08:00 and 18:00 to answer any question about a short-term loan.