The micro-finance industry has expanded rapidly during the course of the past 10 years in South Africa. Gallardo Finance Corporation is a financial services provider of vehicle loans, personal loans and home loans. ITC listed or blacklisted clients are also assisted by this institution. With statistics showing that 47.5% of all consumers are eligible only for loans for blacklisted loans in South Africa, it’s evident that a large portion of credit seekers are classified as blacklisted and may have a difficult time obtaining finance. Gallardo Finance Corporation is there to provide solutions to this challenge. Individuals with no more than 4 listings may be assisted with finance. This institution also offers Vehicle Finance of up to R250 000. Home Loans are offered up to R300 000. With an approval rate of more than 80% Gallardo provides financial assistance to a wide array of individuals.
Applicants are required to satisfy a number of prerequisites prior to application.
What is required to apply for a Gallardo Finance Corporation Loan?
Have a permanent job, earning a minimum of R7500 per month
Have a minimum disposable income of R2500 after expenses
Have a valid South African I.D.
Present a valid South African Drivers’ Licence
Provide a current payslip
Provide 3 months’ bank statements
Not be under debt review or administration
Applicants need to sign an application form and send it back via email or fax along with supporting documents. Application and approval times takes up to 72 hours in total.
Contact Gallardo Finance Corporation on: 011 513 3510 (8am to 5pm Mondays to Friday and 9am to 12:30pm on Saturdays.) Email: firstname.lastname@example.org.
KZN and Cape Town clients can contact the KZN branch on 031 368 1044. Email: email@example.com.