Cash Loans

Find and apply for cash loans with Friendly Finance

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Cash Loans apply online.

What is a cash loan?

Cash loans found online are unsecured forms of lending where the lender makes an offer to the borrower based on an affordability assessment. Short term cash loans range from R100 to R8,000 in value and are usually repaid over a period of a month. If approved, the lender will electronically transfer the funds to your bank account and the money should be with you the same day you apply. You can search for a suitable lender through our comparison tables at Friendly Finance.

Get cash loans for a variety of reasons

Most often, cash loans are used to cover unexpected and urgent expenses such as vehicle repairs, utility bills or medical costs etc. The ease of application and quick approval process enables borrowers to access the money they need quickly, avoiding unnecessary stress.

Who can apply?

To be eligible for a cash loan from an online short term lender you will need to meet their minimum criteria. These criteria usually include:

  • Be a South African resident
  • At least 18 years old
  • Employed with a regular income
  • Own an active bank account.

It doesn’t necessarily mean you will be approved for a loan if you meet the eligibility requirements. The lender will still need to assess your personal information and credit history to decide if you can afford the loan repayments. Luckily, online providers use sophisticated decision logic and can make an approval decision very quickly. This means it won’t take long for you to know if you’ll have access to the money you need.

How to apply?

Applying for a cash loan is very simple. Most alternative lenders now offer 100% online processes so you don’t need to visit a store or bank to complete your application. Each lender will require you to fill out a short form that will take around 10 minutes to complete. Try to have the required information to hand, including; personal contact information, ID number, employer details and bank account information. You may also need to provide latest 90 days’ worth of bank statements and these can be uploaded through the lender’s website. Review the information you have entered before submitting the application to ensure it is accurate.

Easy search

Trying to find a suitable lender for a cash loan can be difficult. There are a whole host of companies online trying to persuade you they have the best rates and it can be difficult to know who to trust. Therefore, Friendly Finance was formed. We collate information from trusted lenders in the market and present the loan details in an easy to read format, so you can make a quick decision. You can compare lenders based on key information including; loan terms, loan amounts, costs and minimum criteria to find a loan that works for you. You can also use our loan calculator tools to easily work out the cost of borrowing and how much each repayment will be.

We don’t charge fees

Our service is free to use and there is no obligation to take out a loan if you decide to carry out a search. With that in mind, begin your loan comparison now by checking out the lenders below.

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