Rating based on 73 reviews

VECTO Finance

  • Personal loans up to R15,000
  • Low-interest starting from 28%
  • Repayment up to 18 months

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VECTO Finance homepage
Author VECTO Finance. Screenshot of VECTO Finance website.
[Accessed January 30, 2023]

Vecto Finance - Loans between R 500 and R 15, 000

Vecto Finance has been in operation since 1999 and during that time has gathered an amazing team of knowledgeable staff.

They pride themselves on treating you with fairness and trustworthiness and aim to be above board in all their dealings.

VECTO Finances' values

Their core values revolve around being honest and practising integrity in everything they do. They believe you should be treated with dignity and respect as you're the fundamental building blocks of their business. 

They're registered with the NCA (National Credit Act) and are compliant with all rules and regulations set out by them. They offer South Africans the opportunity to help manage their financial future by granting quick loans through their employers.

Vecto Finance is a responsible lender and wants to help you get ahead by giving them a helping hand when they need it most. Being in the business for 17 years has given them the advantage of helping many clients secure their financial futures.

How much can I borrow?

VECTO Finance's short-term loans give you the opportunity to borrow as little as R500 to as much as R15 000 with easy repayment options to suit your individual needs so no need is too big or too small to give them a call.

Their easy repayment terms range between 6, 12, or 18 months, depending on how much you'd like to borrow.

Their friendly staff is standing by and is highly skilled and trained to answer any question that you might have. Remember this is a service that is offered through your employer, you cannot apply as an individual.

VECTO Finance is a transparent credit provider

Vecto Finance want to take the hard work out of applying for a loan.

No more jumping through hoops

Other conventional loan companies, try to make you jump through hoops to try and get your loan by making you take compulsory add-on packages. This in turn make your loan cost more, without adding any real value for services you don’t need or actually want.

Some loan companies try to make you change your primary bank account or only help you if you bank at certain banking instructions

No more confusing calculators

Some loan companies promise you the world and give you fancy confusing calculators to help you determine how much you need to pay back your loan. But these calculators are rarely accurate and don’t show the hidden fees and interest rates that are added.

The client thinks they are getting a better deal than they actually are, enticing them to take a payday loan, but pushing them into financial debt once they realise the deal wasn’t as good as they initially thought.

Clear and transparent

VECTO Finance believe in being clear and transparent in all their dealings with clients, for this reason:

  • All rates and fees are published in an easy-to-read and understandable format. You know exactly how much you'll be charged on your personal loan.
  • They don’t want you to fall further into debt. They do all the calculations for you and make sure that you understand exactly what you're getting yourself into. They'll only grant the loan if they can clearly see that you'll be able to easily afford to adhere to the necessary repayment terms.
  • VECTO Finance strictly comply with the National Credit Act and make sure that they always put you first.
  • To make your life, even easier, they offer third-party payments.

VECTO Finance – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 28%
  • Loan Amount up to R15,000
  • Repayment 6 months to 18 months

Benefits of VECTO Finance

  • SMALL Cash Loans
  • PERSONAL Cash Loans
  • QUICK Cash Loans

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Vecto Finance will make your financial dreams come true

You as an individual cannot sign up for this service and it is strictly available to employees as an extra benefit from employers.

The employer will sign up with Vecto Finance and the staff will have access to the loan service. The personal loans are granted at the discretion of the employer and maintained by the pay office.

By utilising this service the employer is guaranteed that they're using a reputable service and that their staff isn’t being taken for a ride by other loan complaints that promise so much but deliver so little.

VECTO Finance's financing makes them a dream come true for your employer. They benefit employers in the following ways:

  • They ensure staff get a fair deal and are not pushed further into debt by empty promises. 
  • They grant fast loans through the employer so that they're aware of their staff's financial needs and obligations.
  • They eliminate the need for staff to ask for loans from their employers.
  • They'll settle garnishing orders, eliminating the burden on payroll staff.

Quick and easy to apply

The way it works is unique. Your employer sign’s up for the service and this, in turn, becomes a benefit that the employees will receive.

  • The employer will then deduct the fees owed to Vecto Finance straight from the employees’ wages, thereby eliminating the financial risk to the employer.
  • Staff will now have the option to take loans from the service. These online loan applications are made directly through the pay office and will be paid into the staff member’s bank account in as little as 24 hours after the application has been approved.
  • The staff is then kept up to date and all deductions and loans are listed on their individual payslips, so they're aware of how much they have paid and how much they still owe.

Does your employer offer credit solutions? 

If you're an employer and you would like to learn more about this amazing employee benefits solution provider then please contact VECTO Finance. 

man holding thumbs up

VECTO Finance is a trusted & reliable provider of personal loans

In our review, VECTO Finance adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ VECTO Finance is a registered credit provider in South Africa: NCRCP 309

Customer Reviews & Testimonials

October 2018

Within a day, I was already informed that my loan application was successful.

Rebecca M
— Mpumalanga —

February 2019

VECTO Finance has been such great help. I know have a loan I can actually afford.

Victor T
— Vereeniging —

September 2018

I have never been able to get credit so easily. With VECTO Finance, my loan application was able to get approved within one day.

Johan S
— Bloemfontein —

April 2019

I am so happy to have worked with such great agents at VECTO Finance. They ensured that I understand all my terms and conditions.

Ashmik P
— Durban —

July 2018

VECTO is a credit provider that ensures that you take up a loan that won’t do any financial damage to your budget.

Siboniso G
— Howick —

VECTO Finance Contact

Physical Address

  • Unit G02, Parc Du Links Building, 9 Niblick Way, Somerset West Cape Town Western Cape 7130 South Africa
  • Get Directions

Postal Address

  • Suite 112, Private Bag X15, Somerset West, 7129, South Africa

Opening Hours

  • Monday 08:00 – 17:30
  • Tuesday 08:00 – 17:30
  • Wednesday 08:00 – 17:30
  • Thursday 08:00 – 17:30
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed