Home Loan types
Loans explained

The right loan for every plan.

From a quick salary advance to a 20-year mortgage, here is how each VoltPay loan works, who it is for and what you need to apply.

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Loan types

Unsecured loans

You don't pledge anything. We approve based on your income and history, so amounts are smaller and rates a little higher. Examples: Personal loan, Salary advance, Overdraft, Education loan.

Secured loans

The thing you buy (a house, car or machine) or another asset backs the loan. Amounts are bigger and rates lower. Examples: Mortgage, Car loan, Asset finance, Invoice financing.

Personal Loan

Personal Loan

Salary earners and self-employed people

An unsecured loan for any personal need: rent, medical bills, travel or emergencies. No collateral needed; we look at your income and VoltPay history.

Up to$10,000
Interest12% p.a.
Duration3–24 months
Example$5,000 → $235.37/mo
You'll need
  • Valid ID
  • 3 months of income in any bank
  • Social Security Number (SSN) verified
Apply for personal loan

Salary Advance

Employees paid through VoltPay

Get up to 50% of your monthly salary before payday. It is repaid automatically the day your next salary arrives.

Up to$2,000
Interest4% flat
Duration1 month
Example$2,000 → $2,080.00 once
You'll need
  • Salary paid into VoltPay for 2 months
  • Employer on our partner list
Apply for salary advance
Business / SME Loan

Business / SME Loan

Registered small and medium businesses

Working capital to buy stock, pay suppliers or grow. Approval is based on your business revenue and cash flow.

Up to$50,000
Interest9% p.a.
Duration6–36 months
Example$5,000 → $228.42/mo
You'll need
  • Business account with VoltPay
  • EIN / company registration
  • 6 months of statements
  • Annual revenue at least 2× the loan
Apply for business / sme loan

Invoice Financing

Businesses waiting on customer payments

Upload an unpaid invoice from a trusted customer and receive up to 80% of its value today. The balance (minus a small fee) is paid when your customer pays.

Up to$100,000
Interest7% p.a.
Duration1–4 months
Example$5,000 → $1,268.28/mo
You'll need
  • Verified invoice
  • Customer is a registered company
  • Business account
Apply for invoice financing
Asset Finance

Asset Finance

Businesses buying equipment or vehicles

We pay for the equipment, vehicle or machine and you repay monthly. The asset itself serves as security for the loan.

Up to$75,000
Interest11% p.a.
Duration12–48 months
Example$5,000 → $233.04/mo
You'll need
  • Supplier quote / pro-forma invoice
  • 20% equity contribution
  • Business account
Apply for asset finance
Home Mortgage

Home Mortgage

First-time buyers and home owners

Buy or build a home and pay over up to 20 years. The property is used as collateral and rates are fixed for the first 5 years.

Up to$500,000
Interest8% p.a.
Duration60–240 months
Example$5,000 → $226.14/mo
You'll need
  • Proof of steady income
  • 10–20% down payment
  • Property title documents
Apply for home mortgage
Car Loan

Car Loan

Anyone buying a new or used car

Drive your car today with a small down payment. The car is insured and registered with VoltPay as the lien holder until you finish paying.

Up to$40,000
Interest10% p.a.
Duration12–60 months
Example$5,000 → $230.72/mo
You'll need
  • 15% down payment
  • Car dealer invoice
  • Comprehensive insurance
Apply for car loan
Student / Education Loan

Student / Education Loan

Students and parents paying school fees

Pay school, university or exam fees directly to the institution. Repayments can start after a 6-month grace period.

Up to$15,000
Interest6% p.a.
Duration6–48 months
Example$5,000 → $221.60/mo
You'll need
  • Admission letter or school invoice
  • Guarantor (parent / sponsor)
Apply for student / education loan
Agric Loan

Agric Loan

Farmers and agribusinesses

Seasonal funding for seeds, fertiliser, equipment and harvest. Repayment is timed to your harvest season.

Up to$30,000
Interest5% p.a.
Duration6–18 months
Example$5,000 → $288.90/mo
You'll need
  • Farm location / cooperative membership
  • Crop or livestock plan
Apply for agric loan

Overdraft

Current and Business account holders

A safety net that lets your balance go below zero up to an agreed limit. You only pay interest on the amount and days you actually use.

Up to$5,000
Interest18% p.a.
DurationRevolving
Example$5,000 → $458.40/mo
You'll need
  • Current or Business account active for 3 months
  • Regular monthly inflows
Apply for overdraft
Side by side

Compare all loans

LoanMax amountRateDurationCollateralBest for
Personal Loan $10,00012%3–24 None Salary earners and self-employed people
Salary Advance $2,0004%1 None Employees paid through VoltPay
Business / SME Loan $50,0009%6–36 None Registered small and medium businesses
Invoice Financing $100,0007%1–4 Required Businesses waiting on customer payments
Asset Finance $75,00011%12–48 Required Businesses buying equipment or vehicles
Home Mortgage $500,0008%60–240 Required First-time buyers and home owners
Car Loan $40,00010%12–60 Required Anyone buying a new or used car
Student / Education Loan $15,0006%6–48 None Students and parents paying school fees
Agric Loan $30,0005%6–18 None Farmers and agribusinesses
Overdraft $5,00018%Revolving None Current and Business account holders
The process

From application to cash in 4 steps

1. Apply in the app

Pick a loan type, amount and duration. Takes about 3 minutes.

2. Instant credit check

We review your income, VoltPay history and documents.

3. Get an offer

See the exact monthly payment and total cost. No hidden fees.

4. Money in your wallet

Accept the offer and funds land in your account, often the same day.

Loan words made simple
PrincipalThe amount you borrow.
Interest rate (p.a.)The yearly cost of borrowing, shown as a percentage.
TenureHow long you have to pay the loan back.
CollateralSomething valuable that backs a secured loan, like a car or house.
GuarantorA person who promises to pay if you cannot.
Equity / down paymentThe part of the price you pay yourself at the start.
AmortisationPaying a loan off in equal monthly instalments of interest + principal.

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