01 · Personal
Personal Loan
For qualifying planned expenses, important life events and selected once-off personal costs.
LENDTEL Finance · Loan information
Everything you need to know before you apply.
Compare your available loan options, review the applicable loan amount range and current annual interest rate, and familiarise yourself with the assessment requirements. Once you have selected the appropriate option, complete and submit your application using accurate and up-to-date information to support a smooth assessment process.
Published loan information
The key figures at a glance.
Standard loan amountR10,000 – R500,000
Selected special enquiriesUp to R2,000,000
Annual interest rate6% p.a.
Repayment periodsProduct and assessment dependent
Approved amounts, terms and repayment figures are confirmed only after affordability, identity, banking and supporting-document checks.
What are you looking to finance?
Check out the available loan options.
Start with the purpose of the finance. Open the individual product page for more detail before deciding whether to apply.
02 · Business
Business Loan
For qualifying working capital, stock, equipment and controlled business-growth requirements.
03 · Home
Home Loan
For qualifying property purchases, renovations, improvements and selected home-related costs.
04 · Study
Study Loan
For qualifying tuition, registration, books and other approved education-related expenses.
05 · Consolidation
Consolidation Loan
For combining qualifying credit obligations into one more structured repayment arrangement.
06 · Asset
Asset Finance
For selected qualifying vehicles, machinery, equipment, tools and productive assets.
07 · Construction
Construction Loan
For qualifying building, renovation, extension and approved project-related costs.
Need more than R500,000?
On selected occasions, special loan requests of up to R2,000,000 may be considered. Email info@lendtelfinance.co.za or contact LENDTEL for the enhanced requirements. Special requests are subject to additional documentation, affordability, purpose and approval checks.
What we actually check
A lending decision is based on more than one number.
Every application is considered on the information and supporting records relevant to that applicant and loan purpose.
Affordability
Can the repayment fit the available budget?
Income, regular expenses, existing commitments and the proposed repayment can form part of the assessment.
Verification
Does the supplied information match?
Identity, income, banking information and supporting documents may be verified before a decision is confirmed.
Credit information
What does the overall credit picture show?
Relevant credit information and repayment history may be considered together with affordability and verification (not basic).
Understand your credit profile
See if you qualify even with a poor credit , under debt review, blacklisted.
A credit score is not the only part of an assessment, but understanding your credit profile can help you prepare before submitting an application.
If your credit record is not perfect
A previous missed payment or lower credit score does not by itself tell you what the final outcome of a new application will be. LENDTEL considers the information relevant to the current application before communicating a decision.
Submit an application and await feedback within 24 hours.
Debt-review or other credit-status information
You can apply even with a debt review credit status. Your monthly income can boost your chances
What happens after you apply
From application to feedback, here is what to expect.
The process is straightforward, but every application still needs to complete the required assessment and verification steps.
1
Choose what you need
Review the loan products and select the option that matches the purpose of the finance.
2
Complete the application
Provide accurate personal, contact, income and loan-purpose information.
3
Provide supporting documents
Supply the documents requested for identity, income, affordability or the selected product.
4
Receive feedback
LENDTEL communicates the application status and any further information required before an outcome can be finalised.
Complete applications may be processed on the same business day. If you’re approved, processing or payout timing remains subject to receival of your, signed approval documents and applicable banking cut-off times.
Documents
What we may ask you to send
The exact documents depend on the loan product and what needs to be verified.
- South African ID or another accepted form of identification
- Recent proof of income
- Recent bank statements
- Recent proof of residential address
- Information about existing financial commitments
- Product-specific quotations, settlement information or supporting records where required
Before you submit
Use accurate and current information
Incomplete or inconsistent information can delay assessment. Make sure contact details, income information, requested amount and supporting documents are current before submitting the application.
See the numbers before you apply
Estimate the repayment using LENDTEL’s current website rate.
The calculator uses the universal annual interest rate configured for our loan assessment and the monthly instalment, estimated total interest and total repayment.
Fixed annual interest used: 6%. Enter an amount from R10,000 to R500,000.
The calculator covers standard applications up to R500,000 and is not a quotation or guarantee of approval. Contact LENDTEL for selected special requests above this amount.
Personal Loan estimate
Estimated monthly instalment—
Estimated total repayment—
Estimated total interest—
The calculator is an illustration only. It is not approval, a quotation or a credit agreement.
Straight answers to common questions.
Review the points customers commonly want clarified before starting an application.
What loan amounts can I apply for online?
Standard website applications are available from R10,000 to R500,000. Selected special enquiries above R500,000 and up to R2,000,000 may be considered after enhanced assessment and supporting information.
What annual interest rate does the website use?
Our annual interest rate is shown in the repayment calculator and the formal approval figures.
Does submitting an application guarantee approval?
No. Submission starts the assessment process. Approval is confirmed only after the required checks and decision process have been completed.
How quickly will I receive feedback?
Complete applications may be processed on the same business day. Additional verification, missing information or applications received later in the day can extend the process.
What documents are normally required?
Common documents include identification, proof of income, recent bank statements and proof of residence. Product-specific applications may require additional records.
Can I check my application after submitting it?
Yes. Use the Track Loan Status page with the information provided during the application process.
Can I check my credit profile before applying?
Yes. LENDTEL provides a credit-profile information page that directs you to supported consumer credit-report services without collecting your bureau login details.
Apply online
Start when you are ready.
Complete the secure LENDTEL application form with accurate information. You will be contacted if additional documents or clarification are required.
Need to check something first?
Contact LENDTEL
Use the contact details below for questions about the application process, supporting documents or an existing application.
Telephone & WhatsApp0213004817
Websitewww.lendtelfinance.co.za/
Offices4th Floor, The Terraces, 25 Protea Road, Cape Town06 Chelten Court, Berea, Durban, 4001
Standard Loan EnquiriesR10,000–R500,000 at a fixed 6% annual interest rate, subject to assessment and approval.
Special Loan EnquiriesRequests above R500,000 and up to R2,000,000 may be considered on selected occasions. Email or write to us for the enhanced requirements.