Loans are available for housing, vehicles, self-employment, and other purposes.
Security backed loans are available to assist in the purchase, alteration, extension, upgrade of property and matrimonial property settlements.
Motor vehicle loans
Finance for motor vehicle purchases is available.
Finance for self-employment is available. An application must be accompanied by a business plan and cash flow forecast for new businesses. For the purchase of an existing business, two years of financial accounts must be supplied.
Other forms of assistance
Paraloan may also consider short-term bridging finance, refinancing of onerous contracts (e.g. existing hire purchase agreements), purchase of household items and equipment and miscellaneous items considered to be in the best interests of the applicant.