 |
 |
Bayport Financial Services: Products
A. SHORT-TERM LOANS 1,3,6 and 9 month
- Emergency Bridging: Sometimes a family simply runs out of cash to meet basic daily requirements before month-end. A speedy, cost-effective loan can serve as a bridge until the next pay day
- Emergency Medical: To provide for the unseen small medical emergencies which may require extra cash in a hurry
- Funerals: A dignified burial normally requires funding. Once again, efficient and stress-free service is critical, as the last thing the family should be worrying about at this difficult time is money
- Agriculture/Crop planting: Certain planting seasons occur more than once a year and require funding for seed, soil preparation, fertilizers, tools and spraying chemicals. This credit allows families to feed themselves and generate income from surpluses
- Debt consolidation: Some clients may want to settle other more expensive debt by taking a cheaper loan; thereby increasing their monthly disposable income
- Trading/Inventory building: Clients who run trading operations (kiosks/spaza shops/dukas) may need short-term funding to expand their business, and increase profits
- Lifestyle-enhancing assets: This form of finance allows people to acquire household assets that make their lives easier and more pleasurable. Whether it be a new gas/electric fridge, a first television set or a new bed for the kids to have a good night’s sleep on
