Our Products
How can we help you?
Our Loan Features
Loan Tenures
Our loan tenures range from 1 to 24 months.
Loan Amount
Loan amounts from R500,00 to R100 000,00.
Tailor Made
Tailor-made products to meet the needs of our clients.
Business Loan Types
This facility is a security-backed loan that is open to all small to medium enterprises that are duly incorporated and registered with Companies and Intellectual Property Commission (CIPC) and have evidence reputable companies.
Order Financing
SMEs who have orders with
established corporates can
receive
short-term credit of 30 to
90 days
to enable them to fulfill
their supply contractual
obligation.
Invoice Discounting
SMEs that have already supplied
goods
and services to corporates and
wish
to get an advance against
the
amount payable by the corporate
to
meet their short-term needs.
Terms Loans
SMEs with proven track records
and
regular cash flow from
servicing reputable corporate organizations
may qualify for a
short-term working
capital loan ranging
from 1 to 12 months.
- CIPC documentation
- 12 months Bank Statement
- Copies of invoices, orders, and supply contracts
- Acceptable security
- For loans up to R 60 000,00- Motor vehicle (comprehensive insured)
- For loans above R 100 000, 00- landed property.
The above products are available to SMEs who provided services/ goods to established corporates who have signed memorandum of understanding with FFS to facilitate payment of FFS loan repayments directly from the off-taker.
Personal Loan Types
We provide short-term loans to individuals who are in employment of have proof of regular income. This types of facilities can be issued to individuals requiring funding to meet emergency needs which may include medical bill, school fees, acquiring assets, building or expanding your home and many other unforeseen expenses.
Instant Salary Advances
Flexible Financial Services (FFS) provide
short-term credit facilities to
individuals in formal employment.
We offer
superior services with a short turnaround time.
The procedure is straightforward in addition funds
are disbursed
within the short turnaround
time of 60 minutes or less upon successful completion of the application form
To apply for an instant salary advance fill in a loan application form and bring the following documents ->
- 3 Latest Payslips (stamped by employer)
- 3 Latest Bank Statements (stamped by bank)
- Introductory Letter from Employer
- Certified Copy of ID/Passport
- Two Passport Sized Photos
The funds are collected at the end of the month through Debi check payment system.
Personal Credit Corporate Payroll
Flexible Financial Services provides
short-term loan credit facilities
to employees of companies that enter
into a
memorandum of understanding (MOU)
for payroll deduct loans with FFS.
We offer superior service with a short
turnaround time. The process is simple, and funds are disbursed within 24 hours of a complete application being
reviewed. The funds are collected via monthly payroll deductions from the employer company.
- Short-term in nature, means to finance short-term needs that Banks typically do not finance.
- Loan repayable is from 1 month to 24 Months.
- Top-ups available after 3 months of performance on initial loan
- No collateral required
- Early loan repayment allowed
- Loan size depends on the Employee’s salary and tenure of loan
Our standard affordability criteria is that the employee should remain with at least 45% of Gross pay as take-home pay after all statutory, employer and third party deductions.
MOU signed between employer and FFS
- The employer agrees to facilitate
FFS loan deduction from the payroll - Employer agrees to remit deduction
schedule and payment to FFS
Employee Application - Three (30 latest pay slips
- Preapproval document from
HR/Finance - Three (3) latest Bank statement
- Introductory letter
FFS review Application - Check the employees pay is within
MOU condition - Credit reference bureau check
- Reconfirm employment status
- Loan approved
- Loan disbursed within 24 hours
Month-end repayment of loan - FFS submit a loan repayment
schedule on the agreed date - Employer uploads deduction on the
payroll/ the money will be deducted
via Debi check - Employer transfer consolidated
deductions with deduction schedule
to FFS - FFS loads repayments on system and
loan is fully paid off.
Apply Online
Streamline your application by applying online and uploading all required documents.