Research has found that South Africans regard banking institutions as strict and unwavering when it comes to lending criteria.
Micro finance institutions on the other hand, are considered flexible.
The latter institutions are becoming quite popular mainly because of the convenience they offer and the qualifying criteria that aren’t as strict as those of banks. Application processes are also quite simple.
One such institution is BCF Micro Finance.
BCF Micro Finance is a leading micro finance provider that offers South Africans efficient financial solutions designed to suit their unique needs.
What are the benefits of choosing BCF Micro Finance?
Minimum documentation is required. By applying for a BCF Micro Finance Loan you can avoid having to fill in too much paperwork, then having to sit and wait for hours waiting for faxes to go through.
Once you’ve been approved for a loan you don’t have to wait too long to gain access. Payments are immediate. Once approved for the loan, you can expect to get the money paid into your account immediately. You can then have the financial freedom to meet your most pressing needs.
There are no face-face interviews or long queues to wait in. You can apply by simply contacting BCF Micro Finance and submitting the necessary documentation online. You can complete the application online without having to leave your home or office.
Interest rates are fixed, so instalments are consistent. This makes it easier to budget because you know exactly how much you need to repay on a monthly basis.
You aren’t limited as to how you can use the loan. Use it to pay for your tertiary education costs, for paying off an emergency medical bill or for home renovations.
To contact BCF Micro Finance, call: 051 448- 8479