You are on a business page. Business pages explained.
Home Loan Business
Home loan business refers to providing home loans which are money based on the value of customers’ homes. In this case,
Therefore, a home loan business has nothing to do with mortgages! In fact, it deals with home collateral loans.
In our country, applying for another credit card, consumer credit or a “buy-now offer” is as easy as drinking a cup of coffee. South Africans are considered to be the most avid borrowers in the world. Statistics show that 7 out of 8 citizens are in debt (including small credit card debts).
● Home collateral loans;
● Business loans business;
● Small business loans business;
● Credit union business;
● Bond origination.
Tools & Equipment
To start a bank or credit union in South Africa, you will have to obtain a license. This business requires significant upfront investments. You’ll have to find an office, hire financier, lawyer, accountant, purchase computers and office stationery.
In most cases, this is a white-collar business.