Where can I apply for a long term bank loan in Johannesburg?
In the South African credit market, long term debt financing is considered a greater risk to the financier the repayment period is longer and therefore the credit risks are higher. For this reason, when you apply for a long term bank loan in Johannesburg, it is usually required that you are able to pledge some form of asset as collateral. If this is not an option, the bank will require that you at least have a clear credit record. Consumers with poor credit are seldom if ever approved for loans. We are willing to help poor credit consumers in Johannesburg to get their long term loans approved.