The Cash Converters commitment to responsible money lending – and how it benefits franchise owners
Cash Converters is committed to giving South Africans access to money in ways that are responsible.
A great example of this is the Cash Converters unsecured lending product, which stands out as a responsible option in a sector with many predatory players.
“Cash Converters prides itself on going above and beyond to protect its clients from taking on debt they can’t afford or justify,” said Jason Carlisle-Kitz, CEO of Cash Converters Personal Finance.
“We do comprehensive affordability analysis that is well above the requirement for this sector – all with the goal of giving the right people the right amount of money.”
Through its lending product, Cash Converters is also tidying up a sector that has been damaged over time by rogue actors and loan sharks.
Unlike its competitors, Cash Converters offers secured lending products, too – such as Cash Advance – and therefore has no reason to push its unsecured lending product when it isn’t appropriate.
“We are focused on building trust from our customers. They know that they won’t be trapped or overindebted when they take out unsecured debt from us,” said Carlisle-Kitz.
How franchise owners benefit
Cash Converters franchise owners are equally front of mind when Cash Converters develops and promotes its financial services – including its unsecured lending product.
By enabling franchise owners to offer a diverse selection of products and services, Cash Converters increases the number of available income streams.
Having multiple revenue streams ensures each Cash Converters franchise is then well-protected against income volatility.
“As a Cash Converters franchise owner, you have three income streams under one roof,” said Carlisle-Kitz.
“And in an economy with rising expenses and employment costs, the Cash Converters business model makes it easier for your employees to be multi-skilled – reducing your monthly payroll costs.”
The unsecured lending product also aligns with the Cash Converters vision of giving South Africans access to the cash they need, when they need it.
“Our unsecured lending product is proven to work, and this is thanks to our extensive experience in the sector.”
“As a franchise owner, all you have to do is follow our proven business model and manage your store.”
Become a Cash Converters franchise owner
Cash Converters is the ultimate franchise option in South Africa – offering the perfect combination of legacy, expertise, ongoing support, and proven business success.
If you are an ambitious entrepreneur or prospective business owner, opening a Cash Converters store is far more likely to succeed than starting your own company from scratch.
This is thanks to the highly-successful business model of Cash Converters and its commitment to helping franchise owners make a success of their business.
“The proof is in the pudding and many of our franchise owners have been so profitable, they have opened multiple Cash Converters franchises,” said Carlisle-Kitz.
“That shows that we’re the company that makes life happen.”
Learn more about becoming a Cash Converters franchise owner.
Send an email to Nicole for more information about becoming a Cash Converters franchisee, or complete the form below to be contacted: