Bayport is a leading registered Credit Provider in Personal Loans, Debt Consolidation, Employee Financial Wellness and Payroll Lending Solutions.
Bayport
The case for employers to support employees’ financial wellness
South African over-indebtedness is severe, with quick salary depletion, leading to short-term loans and worsening debt. Bayport's solution offers debt relief and financial education, reducing debt and improving financial stability for employees writes Alfred Ramosedi, CEO of Bayport Financial Services.
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Founded in 2004, Bayport is a Level 1 BBBEE contributor, a registered credit provider and authorised financial services provider.
Our experience has confirmed that most employed South Africans are unable to afford their monthly living expenses and debt obligations.
Employees who are in financial distress struggle to be productive, are disengaged, and unable to maintain positive workplace relationships, and we believe that employers have a corporate and social responsibility to assist these employees.
Partnering with employers, Bayport offers a financial wellness programme that combines financial literacy with practical debt relief to deliver social impact and financial wellness.
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