NCR-registered credit provider

Short-term credit, done honestly.

Silverline Micro Loans offers responsible short-term personal loans from R500 to working South Africans who need a hand between pay days. No hidden fees. No fine-print surprises. Just clear terms and same-day decisions.

Apply online How it works
NCR registeredFully regulated credit provider under the National Credit Act.
Same-day decisionsApply before midday and get an answer the same working day.
Paid into your accountFunds deposited directly into your bank once approved.
Approved
Loan offer · example 1 month
R1 500
Short-term credit · regulated by the NCA
Interest (5%)R 75
Initiation fee (incl. VAT)R 215
Service fee (incl. VAT)R 69
Total repayableR 1 859
Illustrative only. Final quote issued in writing before agreement is signed, in terms of NCA Reg. 42.
From R500
Loan amounts
24 hrs
Typical decision time
6 mths
Minimum employment
100%
NCR compliant
How it works

Three simple steps, no surprises.

We keep the process straightforward. Complete the application, send us a few documents, and receive your funds directly into your bank account once approved.

1

Apply online

Complete the application form below. It takes about 8 minutes. You'll need your SA ID, latest payslip, and 3 months' bank statements ready.

2

We verify & assess

Silverline performs an affordability check as required by the National Credit Act and confirms your details. We'll contact you to confirm your quote.

3

Funds in your account

Once approved, you sign the agreement and funds are paid directly into your bank account — usually the same working day.

Loan options

Clear pricing. Always.

Every rand is accounted for, calculated strictly in line with National Credit Act Regulation 42. What you see here is what you pay — no hidden fees.

Option A
R500
1 month · short-term credit
Interest (5%)R 25
Initiation feeR 165
Service feeR 69
Total repayableR 759
Select R500
Option B
R1 000
1 month · short-term credit
Interest (5%)R 50
Initiation feeR 165
Service feeR 69
Total repayableR 1 284
Select R1 000
Most popular
Option C
R1 500
1 month · short-term credit
Interest (5%)R 75
Initiation feeR 215
Service feeR 69
Total repayableR 1 859
Select R1 500
Option D
R2 000
1 month · short-term credit
Interest (5%)R 100
Initiation feeR 265
Service feeR 69
Total repayableR 2 434
Select R2 000

All fees are calculated in terms of NCA Regulation 42: 5% interest on first loan (3% on subsequent loans within the same calendar year), initiation fee of R165 plus 10% of amount above R1 000 (capped at R1 050), and service fee of R69 (incl. VAT). Amounts shown are illustrative; a formal written quotation will be issued before any agreement is signed.

Why Silverline

A small lender with big principles.

  • Honesty first

    Every fee is disclosed upfront, in writing, before you sign a single document. We won't lend you money if we don't believe you can afford to pay it back.

  • Fast, but not reckless

    Most applications receive a decision the same working day. We balance speed with a proper affordability check — it's the law, and it's the right thing.

  • Your information stays private

    We comply fully with the Protection of Personal Information Act (POPIA). Your details are only used to process your application and manage your account.

  • Talk to a real person

    No chatbot loops. Sidney Paulsen and the Silverline team are available by phone, WhatsApp or email — and answer every query personally.

NCR registered
Same-day decisions
Real humans
Our commitment

Responsible lending, always.

Silverline Micro Loans only grants credit when we're confident the applicant can comfortably repay it. An affordability assessment is compulsory under the National Credit Act — we treat it as a safeguard, not a formality.

We do not lend to applicants currently under debt review, administration, sequestration, or who have been declared insolvent. If you're in financial difficulty, there are better options than another loan.

If you feel you are over-indebted, you have the right under the NCA to apply for debt review through a registered debt counsellor. For support, contact the Credit Ombud on 0861 662 837 or the National Credit Regulator on 0860 627 627.

Regulated by
The National Credit RegulatorUnder the National Credit Act No. 34 of 2005
Interest rate
5% per month first loan3% per month on subsequent loans (NCA Reg. 42)
Service fee
R69 per month (incl. VAT)Maximum allowed under NCA Reg. 44
Settlement
Early settlement allowedNo penalty or extra fee for paying off early
Common questions

Answers, plainly stated.

You must be 18 or older with a valid SA ID or passport, formally employed for at least 6 months, earning a regular monthly salary paid into a bank account in your name. We don't lend to applicants under debt review, administration, sequestration, or declared insolvency.
Silverline offers short-term personal loans from R500 upwards, typically repayable over 1 month. The amount approved depends on your affordability assessment — we'll only offer what you can comfortably repay. Larger amounts are assessed individually.
A clear copy of your valid SA ID or passport, your 3 most recent payslips, 3 months' most recent bank statements (stamped), proof of residential address (not older than 3 months), and proof of your bank account. You can email these to info@silverlineloans.co.za after completing the form.
Most applications receive a decision the same working day, provided all documents are submitted. If approved, funds are typically paid into your bank account within 24 hours of signing the agreement.
Yes, at any time and without penalty. You only pay the outstanding capital plus interest and fees accrued up to the settlement date — no early-settlement fee is charged.
Contact us immediately on 082 324 5955 or info@silverlineloans.co.za. We'll always try to find a workable solution. Missed payments may be reported to credit bureaux, attract interest at the loan rate, and ultimately lead to legal collection — but early communication goes a long way.
We handle your data in accordance with the Protection of Personal Information Act (POPIA). Your information is only used to assess your application, manage your account, meet legal obligations, and communicate with you about your loan. We never sell your information to third parties.
Apply in minutes

Start your application.

Complete the form below. All information is secure and will only be used to assess your application. Takes about 8 minutes.

✓

Application sent

Thanks — we've captured your application. Your email client should now open with your details ready to send to Silverline. If not, please WhatsApp or email the details to us directly.

WhatsApp us Email info@silverlineloans.co.za

Before you start: have your ID, 3 latest payslips, 3 months' bank statements, and proof of residence ready. You'll need to email these to us after submitting the form.

  • This application is subject to Silverline's credit policy and NCR regulations.
  • All sections are required unless marked optional.
  • By submitting, you agree to our credit bureau and POPIA consent terms below.
01

Select your loan

Tick the amount you would like to apply for.

02

Personal details

03

Employment

Applicants must have worked for the same employer for a minimum of 6 months.

04

Your banking details

Funds will only be paid into a bank account in your own name.

05

Income & expenses

This affordability assessment is required under the National Credit Act. All amounts in Rand (R) per month.

Total monthly incomeR 0
Total monthly expensesR 0
06

Legal disclosure

Silverline does NOT grant loans to persons currently under debt review, administration, sequestration or declared insolvent.

07

Credit bureau & POPIA consent

By submitting this application, I, the Applicant, expressly consent and authorise Silverline Micro Loans to:

(a) request, obtain and verify information from any credit bureau, the National Credit Register, my bank, my employer or any other relevant third party to assess my application and creditworthiness;

(b) report the conduct of my account, including defaults and payment behaviour, to registered credit bureaux;

(c) process and store my personal information in accordance with the Protection of Personal Information Act No. 4 of 2013 (POPIA) for the purposes of credit assessment, loan administration, debt collection, anti-money-laundering compliance, and applicable law;

(d) contact me via SMS, WhatsApp, email or telephone about my application and any resulting loan agreement.

Or WhatsApp us

On submit, we'll open your email client to send your application details to Silverline. You'll then need to send your supporting documents (ID, payslips, bank statements) to info@silverlineloans.co.za.

Get in touch

Talk to Sidney.

Questions about your application, your account, or our process? We're here to help.

Contact details

Silverline banking details

Use these details for any payments to Silverline. Always use your ID number or loan reference as the payment reference so we can allocate funds correctly.

  • Account holderSilverline Micro Loans
  • BankCapitec Business
  • Account typeTransact
  • Account number1055212892
  • Branch code470010
  • Payment referenceYour ID number