Why Choose Protea Loans

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Maximum APR and Repayment Days:

Our maximum Annual Percentage Rate (APR) is 38%. We offer flexible repayment periods with a maximum of 90 days. Please note, repayment is typically required on your next payday.

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Quick and Easy Application:

Apply online with your ID, latest 3 payslips, bank statements, and a minimum net pay of R8000. Approval is based on affordability and employment verification.

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Transparent Pricing with No Hidden Fees:

We never charge hidden or upfront fees. Please note, Protea Loans will never request upfront payments for loan approvals.