Loans from R100 to R10,000

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Compare loans with a piggy banks


We compare short term and personal loans offered by credible alternative loan providers. Our loan offers range from R100 to R125,000 and can be used for a wide variety of purposes, including; covering bills, consolidating debt, buying a car and improving your home. Let’s looks at the types of loans available to help you find the option best suited to your needs.

Short term

Short term loans typically range from R100 to R8,000 and are borrowed over a term up to 4 weeks. These loans are best suited to borrowers who need a short-term cash injection to bridge the gap until their next payday. Lenders offering short term loans can provide almost instant approval decisions and the money can be in your bank account the same day in some cases.


Personal loans are larger loan amounts that are borrowed for a longer period (either months or years depending on the loan amount). Personal loans are usually unsecured, meaning the money borrowed is not secured against an asset. You still need to repay the money however as the lender could take you to court if needed.

Like short term lenders, personal loan lenders have simple online application forms that only take a few minutes to complete. The time to receive a decision from the lender may take a little longer though as they will need to assess your application more thoroughly.


A secured loan is one where the borrower puts up an asset as collateral against the loan. The lender can then take ownership of the asset if the loan is not fully repaid to recoup their money. Items that are commonly accepted as collateral include; jewelry, antiques, vehicles, boats etc. A secured loan can be a good option for someone with a poor credit score who is looking to get a better rate. There is less risk lending on a secured loan for the lender, meaning they tend to charge less.

Loan features

Finding the best loan often means finding the cheapest rate of borrowing. Here are some factors that will affect the cost of borrowing:

  • Term – The term refers to the length of time given to repay the loan in full. To reduce the cost of borrowing, try to repay the loan as soon as you can afford. Borrowing over a longer period will make each repayment less but will mean you are paying interest for longer, so the total cost of borrowing will be more.
  • Interest rates – The interest rate is a cost of borrowing usually represented as a percentage of the loan amount. A lower interest rate will mean a cheaper loan.
  • Credit record – The best interest rate offers are usually reserved for customers with excellent credit records. You can check your credit record for free with one of the credit bureaus in South Africa. If you have a bad credit score, it may impact your approval chances, so try to take proactive steps in improving your financial situation.
  • Early repayment – You will incur fewer interest fees if you repay a loan early. However, some lenders will charge for early repayment privileges and, depending on the amount charged, it may be more cost effective to stick to your loan repayments. Look out for early repayment fees whilst searching for a loan.

Friendly Finance loans search

It pays to shop around for a loan. However, doing it the old-fashioned way takes a lot of time and effort. Fortunately, there’s Friendly Finance. Regardless of why you need financing, our search feature lets you zero in on viable options quickly. With an array of products from some of South Africa’s most secure, trusted lenders, finding the right solution has never been easier.

Our convenient service lets you search for products based on your exact requirements. You can then compare the top options based on loan rate and other variables and apply for the one that suits your needs the best. With Friendly Finance, it’s easy to navigate your way to the perfect financing option.

Friendly Finance’s database strictly includes reputable, trusted lenders, so you can shop with confidence. We know how stressful it can be to secure the financing you need, and our goal is to make the process as smooth, simple and streamlined as possible. Regardless of how many results your search produces, you can be certain that every lender is as safe and reputable as can be.

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