Micro lending business can be described as the science of obtaining and analysing the facts of a loan request and the art of making judgements about that information. Micro lending is therefore governed by principles of knowing your borrower, structuring loans to minimise risk, streamlining loan administration systems to suit the borrower and giving flexible repayment rates and periods. One business house in South Africa which has mastered these principles is Showtime.
Showtime finance is a micro lending house which has committed itself to providing loans to customers which are meant to assist in financing much-needed holidays, car purchases or repairs, electronics or even paying for weddings.
These loans are offered from a minimum amount of R1,000 to a maximum amount of R15,000.The good news is that clients who have bad credit histories, judgements against their name, garnishee orders, defaults or are simply refused by commercial banks are also assisted.
Showtime credit is offered as payday loans with a repayment period of 30 days,short-term loans with optional repayment periods of 4, 6 and 12 months. Customers obtaining credit get expedited service due to long-standing relationships Showtime has built with money lenders and brokers around the country.
Prospective applicants enjoy the option of applying online knowing that their personal details are treated with confidentiality.
Showtime can be contacted on 021 300 6395 or 087 133 0224
Fax No: 086 693 8472