Credit Assessment

Bayport Has Market Leading Credit Assessment Competency

Bayport Financial Services provides hassle-free unsecured credit in several African countries, including South Africa.  The African financial market is still relatively immature and there are several risks associated with providing credit in this market.  However, Bayport has a securitised funding structure and our credit assessment competency leads the market.  In addition to the high standard of credit assessment, we also have an information technology platform that is regarded as the best of its type.

These factors have all contributed towards Bayport’s successful mitigation of risks in its core markets and our credit quality has remained at a very high level.  We are careful to design products that meet the needs of our customers, taking into account their countries’ unique market conditions, legislation and traditional views towards credit.  We improve our understanding of locals by forming local partnerships with companies and trade unions, learning the way of the people and becoming receptive to their needs.  We also believe in investing in the countries and communities where we are active and we focus especially on healthcare and education.

Bayport is now active in South Africa, Uganda, Tanzania, Ghana and Zambia and we have maintained superb credit quality in all these countries.  This is partly thanks to the fact that our tailor-made products are designed to serve the people’s needs and partly because of our counselling process with prospective lenders.  It is important for the lender to understand the terms of the agreement.  They should be able to service their debt without becoming bogged down with an unmanageable debt burden and we make sure that they are well-informed before granting a lone.

Bayport Financial Services’ credit assessment competencies make unsecured credit available responsibly.  Contact us for more information