Marketplace Finance
Welcome to Marketplace Finance
Have you found a good deal on Facebook or Gumtree but don’t have the cash to pay for it? Or what if your family member is selling a car for a steal but your bank balance is blocking your dreams of owning it?
You need Marketplace finance by Premier Finance! We are a finance hub with a panel of financiers ready to help you fund your purchases.
Use marketplace finance to access funds to use at any merchant, dealer, business, or online store. You can also use the funds for private deals like purchasing from a friend or family member. The sky is the limit with the opportunities we can make possible for you through Marketplace finance.
The application process:
We have a simple application process. Once you have an amount in mind for what you need you can complete our application form. You will then receive an email requesting your documents to collaborate the information provided.
As soon as we receive your documents, we will process your application. The outcome of your application will be emailed to you within 24-48 hours.
Marketplace finance benefits
* We don’t limit your purchasing power to merchants in our network. Once approved you will receive the funds in your bank account for you to use as you see fit.
* No initiation fees. There is no charge to apply or open your facility when approved. You only pay one monthly fee which will be discussed with you when you receive an offer.
* Flexible payment options from 6 to 60 months. Select a payment plan that suits your budget and financial needs.
* Application support from a professional caring team. We provide application assistance at no cost to you.
Who can use Marketplace Finance?
This is a solution for the individuals or businesses wanting to shop online. We also support businesses that need a funding facility to turn a pending deal into a sale.
Don’t let money stand in the way of your dreams. Use Marketplace finance to turn your dreams into a reality.
Complete our application form to get started.
Merchants
Our finance facility is available to all businesses that need a finance partner. Let us help your clients secure finance to increase your sales. Get in touch with us today to sign up as a partner.
We can assist full time employed and self employed only. We unfortunately cannot assist pensioners.
Individuals can apply if they meet the following criteria:
- Full time employed
- A minimum salary of R8000
- No debt review/ administration/sequestration
- Good credit record with no adverse listings
Self employed clients can apply if their business meets the minimum criteria:
- Registered Business or Vat registered Sole prop
- Trading for 1 year+
- A monthly turnover of R45000
- All directors must have clear credit records with no adverse listings
We work with individuals that take home at least R8 000 per month and businesses that turn over at least R45000 per month.
Please ensure you only apply if you meet this income requirement. We will not be able to assist you if you earn any lesser.
We may not assist you with a finance application if you are under a debt management program. That includes administration, debt review or sequestration.
Your finance approval depends on your credit profile and affordability. Clients that pass the pre-approval check will be contacted to discuss your application and offer. You will receive an email from us with the outcome of your application.
The interest rate for employed individuals will be from 20% – 30% . The rate you receive is based on your personal financial profile and will be discussed with you in your offer.
Self employed individuals will need to process a business finance application. The interest rate is from 1.7%-5% per month on the outstanding capital.
Clients that meet the criteria for an offer will need to submit the following documents:
Individuals
- Clear copy of your id document
- Proof of residence (not more than 2 months old)
- Your latest 3 months bank statement
- Your latest payslip
Business
- 3 months bank statement
- Transaction history for the current month
- Information about the overdraft facility
