ANY FULLY REGISTERED AND OPERATIONAL BUSINESS CAN QUALIFY FOR CREDIT
ANY FULLY REGISTERED AND OPERATIONAL BUSINESS CAN QUALIFY FOR CREDIT Many of us were raised to believe that credit is bad irrespective of its purpose, but this simply isn’t true, especially in business. When used for things that increase your net worth and generate value, credit can empower you to realize your goals. How to Qualify for a Credit in South Africa? Passport or ID Registered Business Business Bank account 3 months bank statement. Latest salary slip. (Optional) The minimum salary requirement for a credit application is R5 000, and R10 000 for self-employed clients. Income verification: You will need to provide proof of income to demonstrate your ability to repay the credit Proof of Address It's important to note that each bank or shop may have its own specific requirements and criteria for credit applications. It's advisable to check with the specific bank or shop you are interested in to get accurate and up-to-date information on their applic...