Log-book Finance
This is a secured loan given to only car owners. Apply Now
Features and Requirements
- Minimum loan amount of UGX 3,000,000 and Maximum Ugx 50,000,000 with flexible repayment from 1 month to 12 months.
- Competitive L.T. Vs and no car packing required
- Personal-use cars are only applicable.
- Bank statement for 6 months or mobile money for 3 months
- One passport-size photograph
- Current Account with cheque leaves.
- One guarantor with original id.
- Resolution to borrow if it is a Company car.
- The loan process takes only 24 hours.
- Applicable also to non-Ugandan citizens with car logbooks in their names.
Asset Finance
This is a secured loan given to an individual who purchases an asset but is unable to clear the balance such as land, car, accounts receivables, business inventory, and marketable securities. Apply Now
Features and Requirements
- Funding up to 40% of the purchase value
- Minimum Ugx 3,000,000 and Maximum Ugx 50,000,000 with flexible repayment of up to 12 months.
- The completely purchased asset becomes collateral.
- Easy for the client to own a property e.g., Land
- Quotation from the vendor showing the total outstanding balance.
- There must be sales agreements and eyewitnesses for both parties
- At least one guarantor/witness with an original National ID
- One passport-size photograph
- Bank statement for at least 6 months / mobile money for at least 3 months
- Current Account with cheque leaves.
Business Loan
The goal of this product is to provide quick financial services to small-income earners, individual entrepreneurs, and companies that are engaging in micro-businesses and SMEs in order to boost and grow their businesses. Apply Now
Features and Requirements
- Minimum loan amount Ugx 2,000,000 and maximum Ugx 50,000,000 with flexible repayment from 1 month to 12 months.
- Legal business and collateral.
- Eligible for all business people.
- Original ID/Director’s ids for the Company and 1 size passport photo.
- Bank statements for at least 6 months and or mobile money statements for at least 3 months.
- Short-term advances for bid securities, guarantees, invoice financing, etc.
- Resolutions to borrow / consent from directors
- Individual current account /Companies with cheque leaves.
Salary Loans
This is an unsecured loan provided to salaried employees who have been in employment for at least 6 months and above. Apply Now
Features and Requirements
- A salary advance as your waiting for your monthly salary.
- Minimum Ugx 1,000,000 and Maximum Ugx 10,000,000 with a flexible repayment period of up to 3 months.
- Very fast and quick loan process
- One guarantor who is a colleague from the same Institution.
- Original Staff ID and National ID for both a client and the guarantor.
- Appointment / Contract letter
- One can be financed up to 50% of the net salary.
- Confirmation letter where applicable
- 3 most recent pay slips and Bank statements for 6 months.
- One passport-size photograph