How to Apply for a Personal Loan in 1 Hour

If you wanna apply for a loan now, you need to find a loan provider online and send your application.
Most of the loan service providers offers an online platform where you can apply online.
These are the steps that are mostly considered.
1. A user visit the service provider’s online platform.
2. A user completes an application form online

3.The service provider receives the application
4.The service provider check the user’s credit record through ITC

5. The user send proof of income and sometimes proof of residential address.
6. The user then receives the cash loan via internet banking.
Yes, it can be that easy to apply for a quick cash loan. Sometimes, if you send all the documents required, you get your cash the same day or within an hour.

 

NB: Please note that for you to get a loan, you need not to be over debted. This means that you must be able to repay the loan you are applying for within the stipulated period. But if you are over debted, you can do what is called debt consolidation. With debt consolidation, you can get a service provider to pay all your debts then you then repay one service provider for the amount they paid for you with some interests.

More info about loans

How to Get a Business Loan in South Africa

You have a great business idea and it’s sure to change your world and maybe everyone else’s too. Now if you could just get some funding…The good news is that there are several different organisations that you can approach to fund your business, from banks and venture capitalists to government.

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This is where private equity capital is used as seed funding for businesses that are considered high-growth with high potential. You can access a detailed list of venture capital and private equity firms on the South African Venture Capital Association website. Some funders will provide funds specifically for research and development while seed funders will help you finance your business so that it is ready to take to market. You will also find what is known as post-revenue generating funders. These funders require you to have a sales track record and proven market interest in your product or service.

The DTi has an incubation support programme which helps new businesses during their first three years, usually the most critical time for a new business. The programme offers funding of up to R10 million per enterprise, in partnership with larger companies that contribute funds and also play a mentorship support role. Details are available on the DTi website.

Sefa is a result of the merger of the South African Micro Apex Fund, Khula Enterprise Finance Ltd and the small business activities of the Industrial Development Corporation (IDC). Sefa offers loans from R500 up to R5 million. There are several criteria if you want to access funding via Sefa. For example, the business must operate within South Africa and you have to be a sole trader with a fixed physical address. You have to have a written proposal or business plan and you must be able to show that you are able to repay the loan.

Business Partners considers all business finance applications up toR50 million, regardless of what sector of the economy you want to engage in. 

Business Partners considers financing options from R500 000 up to R50 million per application. Property transactions up to R30 million and joint venture multi tenanted properties of up to R75 million may be considered.

If you are starting a small business, you can approach your bank for a business loan. In recent years, the banks have woken up to the huge potential for business within the small start-up enterprise industry and have started catering for this market with specialist products such as Absa’s Enterprise Development unit  and Nedbank’s Small Business Service unit.

This is a relatively new way to finance something and is quite the craze internationally although it has still to gain traction in South Africa. Websites such as www.investmentnetwork.co.za offer you the platform to showcase your project or business idea and interested members of the public then pledge money towards your project. The website is affiliated to the Angel Investment Network, which has 30 networks worldwide covering more than 80 countries across Europe, North America, South America, Africa and Asia. After an initial contact fee they charge no additional fees or commissions, as you then deal directly with your investors.

“I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” – Steve Jobs, co-founder and former chief executive of Apple.

With a wealth of options so readily available, it’s worth trying to get your business the funding boost it needs. You may have to contend with quite a bit of paperwork, so get yourself ready… It could be the cleverest move you’ve ever made.

Source: 1Life

3 Ways to Make Money at home in South Africa Today

Here are three ways you can make money at home in South Africa

1. Use the classifieds

This is becoming one of the fastest ways to make money off things you already own. All you have to do is roam around your home and find forlorn disregarded items that could still be useful to people. Place an ad and your price and see if someone is interested in buying those miscellaneous items. This is also a fantastic way to declutter your home.

 

2. Become an extra

Some people make money for literally standing in the background on a film set. Since filming in South Africa is predominantly cheaper than in other countries, a lot of movie executives and producers cut their costs and move an entire production here in order to save money. All you have to do is sign up to an agency; pay a small registration fee (normally something like R150) and the agency will provide you with details on upcoming shoots. Being an extra pays well, but you need to be on standby and possibly be on set for four to six hours at a time, depending on the scene.

 

3.    Recycling

There’s a tiny ploy to why companies recycle more nowadays, yes it’s important for the environment, but there’s some cash involved as well. Recycling your waste material is actually profitable and although it won’t make you instantly rich, it does pay well. According to MoneybagsCollect-A-Can gives you R10 per kilogram for aluminum cans and steel cans fetch 60c per kilogram.

 

Source: W24

4 Ways to Make Money Online

[Tweet “Four Ways to Make Money Online”] The internet enables communication across a number of platforms. Here are five simple ways in which you can make money online.

Here are four simple ways you can capitalise online. 

 

 

1. Affiliate Marketing 

Affiliate marketing is where one individual recommends another individual’s product and earns a commission. This is excluding all the tedious work such as sourcing the product and delivery.  As soon as you recommend a product and people click on the link that the company gives you, you make a commission on that item

Commission ranges from 3 to 75%, depending on the product. 

An example of websites that offer affiliate marketing include mantality an online store for men. Their commission ranges from 12 to 15%. 

Another website, OfferForge, enables individuals to make money with their content. 

2. Loot

Loot, an online store offers over 12 million products. These range from games, electronics to books and toys. 

They also offer an affiliate program whereby organisations can earn money by promoting Loot.co.za to visitors. 

Individuals can become an affiliate by registering on Loot as a customer. Then, an online affiliate application can be filled out. 

Affiliates can earn 5% of the value of their first order for each customer that they refer. 

 

3. Teaching

The internet has changed how we learn. Teaching is now possible through distance learning. This includes teaching online, whereby a virtual teacher based in South Africa for example can teach a classroom of learners in China. 

About Education First, an online platform, enables individuals to teach online in foreign countries. Education First offers online teaching posts in countries such as Bryanston and even China. Their online teaching programmes run over a 5 day week of 20 hours in total. 

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4. YouTube

The internet enables individuals to become bonafide stars. Though one thing is for sure you need great content and an ever growing viewership that can help to monetise your content.

Here a a few steps to help you get started: 

1- Create a YouTube channel

2- Enable your channel for monetisation

3- Connect your channel to Adsense in order to earn money and get paid for your videos

4- Research the kind of videos that can be monetised on various platforms

South Africans who are making money on YouTube include Julia Anastasopoulos, a SA designer, artist and illustrator. She has 119 993 subscribers. Another major YouTube sensation that has parlayed her work into advertising and even her own show is Suzelle DIY. Suzelle became an internet star after launching her YouTube channel in May 2014. 

She collaborates with top brands such as Takealot, Gumtree and Checkers. Her DIY videos range from how to make a braai pie to how to fix a plug. The artistic maven now runs her own production company, Sketchbook Studios alongside her husband, Ari Kruger. 

Source: IOL