I’ve (Pty) Loans (PI) Limited is a specialist commercial financial services firm started in 2004, aiming at customers from a variety of African nations with limited access to commercial finance. The name was based on the firm’s two main areas of activity: the private and the public sectors. Private sectors are predominantly based in South Africa, with the rest predominantly in East Africa. It’s Loans (PI) Limited offers a comprehensive range of commercial finance products. These include short-term business loans for start-ups, the provision of bridge finance and the refinancing of existing commercial properties.
In its private sector, izwe loans (PI) Limited caters mainly to businesses in South Africa and has branches in Cape Town, Durban, Nelspruit, Orange Farm and Bloemfontein. As of April 2008 it had close to fifty branches in the cities bayport online loans of Cape Town, Johannesburg, Orange Farm, Bloemfontein, Joburg, Free State and Masiphumelele. It also has outlets in Gauteng, Free State, and Kaekskill. Customers can apply for short term loans online by visiting its website or by contacting its agents.
An in depth look at izwe loans’ financing options reveals the key features that set it apart from its competitors in the market. This includes an attractive repayment plan, variable term loans at competitive interest rates. The key feature is that its loans have an effective settlement option. A customer can choose to pay back the full amount in six months, a few months in instalments or many months over a period of one year. By using a quick loan calculator, the loan applicant can estimate the cost of the settlement payment in advance and thus plan his budget for repaying the loan in full.
The best feature of izwe loans is that it provides customers with financial solutions that are tailor made for individual requirements. For example, there are loans that offer cash advances with a twenty-four hour contact option. It also makes available options for paying off credit cards, loans and overdrafts. It categorizes loans into three categories as offered by it.
The first category is for short term cash needs at immediate disposal. These include emergencies that arise suddenly due to which immediate financial assistance is required. Such emergencies may occur when a family is struck with some illness, when an individual encounters a minor accident or when a business runs out of cash. In such a situation immediate cash help is sought through izwe loans. In this category the loan amount is paid off within a short period of time.
The second category is known as long-term options. In this type of izwe loans the loan period is extended up to a maximum of 60 months. The repayment duration is calculated and the payment is done once a month. This type of loan is popular among students who seek to fulfill their academic dreams without suffering any kind of financial losses. In fact, such students can be eligible for low monthly repayment option.
The third category is meant for tourists visiting south Africa, Zambia or Zimbabwe. In this type of izwe loans the interest rate charged is higher than normal. This is because the repayment term is long in this case. The repayment term can go up to thirty-six months or more depending upon the individual circumstances. This option of high interest rate should be considered before opting for it.
One can get quick loans at affordable rate from izwe loans service providers. However, it is essential that you do some research on your own to find out about the various pros and cons of an izwe loan. Once you know about the different types of ice loans you can choose the one which suits your requirements the best. If you are planning to visit Zambia, South Africa, Zimbabwe, Zambia or any African country, then consider getting quick personal loans for as long as you need.