Compliance
Credit committee approval: setting your deal threshold
The bigger the deal, the more people should sign it. A credit committee threshold — loans above R1,000,000, say — is how syndication businesses prevent single-person control over large exposure.
Why segregation of duties matters
When one person can originate, approve and disburse a deal, the business carries a control risk it may not see. Committee approval is the counterweight.
Automatic escalation
The platform auto-forwards any application above your threshold to the Credit Committee for mandatory sign-off. No one remembers to escalate; the system does it.
Maker-checker on sensitive actions
Approvals, variations and payouts require a second authorised user. Single-person control is a design flaw the platform engineers out.
Run the 12-point readiness check
A scored report naming your compliance gaps — and the control that closes each.
Common questions
Asked straight.
Yes — lending rules are configurable, including the committee threshold, maximum principal, minimum rate and grace periods.
Keep reading
Compliance
NCA affordability assessment: what South African credit providers must document
Under the National Credit Act, a credit provider must genuinely assess whether a consumer can afford the credit before granting it. Courts have been clear: the affordability assessment is a substantive obligation, not paperwork.
The category
What is a capital intermediary platform?
The lender industry built software for the lender that funds its own book. It never built software for the company that sources the deal and funds it with someone else's capital. That company is a capital intermediary — and the gap in software is exactly what Apex was built to fill.
Compliance
POPIA compliance checklist for South African lenders
POPIA applies to every business that processes personal information in South Africa — and for lenders, the exposure is concentrated: client financial data, credit records, KYC documents. Penalties run to R10 million per infringement, with criminal prosecution possible in severe cases.