Apply for a Builders Cash Loan

Up to R300 000, in your bank account in as little as 15 minutes

Get the Cash You Need, Without the Wait

Apply online for a Builders Cash Loan of up to R300 000 and get the cash paid into your bank account in as little as 15 minutes from approval. Use the money your way, whether it's for home renovations, an emergency, education or your wedding. With flexible repayment options, you can choose a payment plan that suits your budget.

Features

Benefits of a Builders Cash Loan

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* Terms and Conditions apply. Subject to credit assessment and affordability. Service and initiation fees apply. RCS is a registered credit and authorised Financial Services Provider. NCRCP 38/ FSP 4481.

Calculate Monthly Instalments

Builders Cash Loan Repayment Calculator

Use the Builders Cash Loan calculator to estimate your monthly repayments. Adjust the amount and repayment term to find a Builders Cash Loan option that works for you.

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10k

300k

months

12

18

24

36

48

60

Estimated Monthly Repayment

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* Terms and Conditions apply.

Your final loan amount and term will be confirmed once you complete the full application.

Apply for a Builders Loan

Representative Example

If Sbu borrows R10 000.00 and selects a repayment term of 24 months.

He will pay a once-off initiation fee of R1 207.00 and a monthly service fee of R69.00.

An illustrative example of a loan at an interest rate of 28% would be: Loan amount of R10 000 borrowed for 24 months. Annual Interest Rate: 28%. Initiation fee: R1207. Monthly service fee: R69 Total Amount payable: R17 116,24. Monthly instalment amount: R713,18.

Note: Our interest rate will never exceed the maximum as prescribed by the NCA of 28%. Fees are subject to change and will be affected by customer risk profile.

How to Apply for a Builders Cash Loan

Get Your Loan in a Few Easy Steps

See if you qualify

You can apply if you

  • Are 18 years and older
  • Have a South African ID or driver’s license
  • Have a South African bank account
  • Are employed
  • Can provide proof of income documentation

We’ll need the following documents from you

  • A South African ID or driver's License
  • Latest pay slip or bank statements

Our Application Process

  1. Start your application process here

    Answer a few simple questions and and you’ll get a response within seconds. If you are provisionally approved, you can move on to Step 2.

  2. Next, compete the full application

    Complete an easy application and submit your proof of income documents online.

  3. Access your cash loan

    Once approved, your loan will be deposited into your bank account in as little as 15 minutes.

Apply Now

Want To Know More?

What is a Builders Cash Loan?

A Builders Cash Loan gives qualifying customers access to cash for home improvements, renovations, repairs, building materials as well as other planned or unplanned expenses.

How do I get a Builders Loan?

To qualify for a Builders Cash Loan, you’ll need to meet the affordability and credit requirements and provide the required supporting documents, such as proof of identity and income. 

 

If you are provisionally approved, complete the online Builders Cash Loan application and submit the documents. RCS will assess your application and affordability, and if approved, your cash loan will be deposited into your nominated bank account.

What is the Builders Loan interest rate?

The interest rate on your Builders cash loan will depend on your personal credit rating and affordability assessment. Before you accept the loan, and sign an agreement, your approved interest rate, monthly instalment and other costs that apply will be included in the loan agreement.

Is a Builders Cash Loan provided by RCS?

Yes, the Builders Cash Loan is provided by RCS, which is an authorised, registered credit and financial services provider. All loans are subject to their lending criteria and the terms and conditions which apply.

Loans - What is Customer Protection Insurance?

Customer Protection Insurance (CPI) will provide the following cover:

  • Death & Permanent Disability – covers the outstanding balance of your account;
  • Loss of Income & Temporary Disability – covers up to 12 months’ instalments

Cover is underwritten by Guardrisk Life Limited, an authorised financial services provider (FSP76) and a licensed life insurer.

Please see our Terms and Conditions for more information.

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