LOANRANGER
Finance for South Africans

One application.
Every bank. You choose.

A house, a car, equipment, a business, a personal or short-term loan — or solar on rent to own. Upload the basics from your phone, we put it to the lenders, and you pick from what they offer.

Apply now What can I afford?
  1. 1 Tell us what you need
  2. 2 Upload your documents
  3. 3 Pick the offer you like

It costs you nothing. The bank pays us, and only if your finance goes through.

Three banks came back You choose one
Nedbank
10.00%prime less 0.75%
R16 888a month
SharpUsually prime plus 0.50%.
Absa Cheapest overall
10.25%prime less 0.50%
R17 179a month
SharpUsually prime plus 0.50%.
FNB
10.75%at prime
R17 767a month
About usualUsually prime plus 0.50%.

On R1 750 000 over 20 years at today’s prime of 10.75%. The cheapest month and the cheapest overall are not always the same bank. We say which is which — and whether the rate is any good.

What do you need?

Pick one and you are three minutes from an application.

Home loan A house, a flat or vacant land Cheaper — the lender holds what you buy Start→ Vehicle finance A car, a bakkie or a bike, new or used Cheaper — the lender holds what you buy Start→ Equipment and assets Machinery, plant, or anything with a serial number Cheaper — the lender holds what you buy Start→ Business finance Working capital, expansion, or a gap in the cash flow Dearer — nothing is held as security Start→ Personal loan Money for whatever you need it for Dearer — nothing is held as security Start→ Rent to own Solar, equipment or a vehicle on a monthly fee, with no deposit No deposit — and no rate to compare Start→ Short-term loan A small amount, paid back within six months The dearest money here — for a gap, not a plan Start→ Not sure yet? Two questions and we will show you what you could carry No account, nothing saved

Before your documents go anywhere.

Three things have to be true of a lender first. A wall of bank logos is not one of them — and your ID, your payslips and three months of bank statements should not leave on the strength of one.

35institutions tracked 7kinds of finance
  1. We track the market, not a shortlist

    Thirty-five banks, the manufacturers’ own finance houses, the specialist lenders and the state development funds — with the kinds of finance each one actually writes. Tracking a lender is not the same as being on its panel, and nothing here pretends otherwise.

    Who is in this market
  2. They have to put us on the panel

    An application goes only to a desk where we hold an accreditation, and a lender is named on this page only once it has agreed to be named. A bank can grant a seat and still not want its brand on somebody else’s website, which is its call and not ours.

    Accredited desks only
  3. And still be allowed to lend

    We hold each lender’s registration certificate and watch the date on it. If it runs out, applications stop going there that day — an agreement written by a provider who is no longer registered can be unenforceable against the person who signed it.

    Checked, not assumed

Any lender we can name is in the strip below. Where there is nothing there, nothing has been hidden: it means no accreditation is live and switched on yet. We would rather show you a short list that is true than a long one that is not.

Same person. Two answers.

Self-employed, applying for R2.565m.

R0
Declined
Income read off his bank statement · qualifies for R1.29m
RECONCILED →
R0
Approved
Income built from his financials · qualifies for R2.63m

R186 000 a year of his income never touched his bank account. R284 400 that did was not his. If you work for yourself, that difference is the whole application.

Rent to own

A rental has no interest rate.

Solar on a roof, a PABX in a call centre, a copier, increasingly a car. Nothing is lent: the provider buys the thing and keeps it, you pay a monthly fee to use it, and that fee climbs most years. With no deposit to put down it is often the only shape on offer — and for a business that needs the equipment working on Monday, it can be the right one.

But it cannot be compared on a rate, because it has not got one. No principal, no percentage, nothing to hold next to prime. What can be said is what you hand over in total, and what multiple of the cash price that comes to.

So that is what we work out, before you sign, from the agreement in front of you. Ask any provider for the same two numbers.

Price a rent-to-own How it works
R180 000 of solar, on a rental 60 months · 7% a year
What it costs in cashBought outright, installedR180 000
First monthR4 200
Month 60The same panels, five years inR5 505
Paid over five yearsR289 837
To own it at the endOr hand it back and own nothingR1 000
TotalR290 837
1.62×the cash price

R110 837 more than buying it outright. That is not a verdict — a business without R180 000 spare cannot buy it outright. It is the figure the monthly quote does not show you.

It costs you nothing.

The bank that gives you the finance pays us, and only if it goes through. No fee, no charge for applying, nothing taken off what you borrow.

Apply now See what you can afford