A trusted provider of ethical, payroll-deducted loans designed to help employees regain control of their finances.
Welltec Finance is a registered financial services provider and part of the Welltec Group, dedicated to improving financial health through responsible lending. We specialise in consolidation loans for employed individuals, enabling them to settle existing arrears and transition into a single, manageable repayment plan via secure payroll deductions.
We offer loans to qualifying employed consumers to settle overdue accounts with credit providers. Repayments are made through salary deductions, which reduces default risk and supports long-term financial stability.
The education loan product is designed to provide you with affordable financing to further your (or your relative’s) education. We assess your current credit profile and provide you with an education loan quote. The loan amount is distributed directly to the school or institution’s bank account against a confirmed proforma invoice.
The education loan product is designed to provide you with affordable financing to further your (or your relative’s) education. We assess your current credit profile and provide you with an education loan quote. The loan amount is distributed directly to the school or institution’s bank account against a confirmed proforma invoice.
We help make home building more affordable by financing construction, renovations, or additions through trusted building suppliers—most of the loan goes directly to the merchant, with a portion paid to you.
Our Special Purpose Vehicle (SPV) model offers a unique investment opportunity for funders to partner with us in a ringfenced joint venture structure. This setup sits beneath our existing credit provider entity, enabling scalable funding while maintaining robust governance, risk management, and operational efficiency. By investing in the SPV, you contribute to a sustainable credit ecosystem that supports underserved markets with innovative fintech solutions.
As a funder, you can invest directly into this ringfenced entity, which is dedicated to funding payroll loans and other credit products targeted at over-indebted individuals. This model allows us to extend loans responsibly, leveraging our expertise in origination, administration, and collections to generate attractive returns.
Key benefits for investors include:
The SPV operates as a standalone base solely for funding purposes, ensuring that investments are protected and isolated from broader group risks.
Positioned under our established credit provider, the SPV benefits from Welltec Group's infrastructure while providing funders with governance rights and oversight.
Investments fuel the expansion of payroll loans, helping over-indebted consumers manage cash flow through affordable, regulated credit options.
With strong controls, independent reviews, and compliance with National Credit Regulator (NCR) standards, the model prioritizes sustainable lending and investor protection.