Our Products
CAR LOGBOOK LOAN
Logbook loan is a product that is secured by your vehicle logbook, where we finance up to 70% of the value of your car, depending on its current condition.
Features
- A competitive interest rate on a reducing balance basis
- Flexible repayment period of up to 24 months
- A turnaround period of within 24 hours
- No Guarantors required
- Execution of chattels
- Valuation
- Trucker installation
- No additional interest is charged on early repayment
Requirement
- National identification card and a copy
- Passport photo
- KRA PIN
- Six months’ M-Pesa/bank statement
- Original car logbook
- Comprehensive insurance
- One witness
BUSINESS LOAN
The business loan is designed to enable you to grow your business by providing you with the working capital needed to run your business, elevating it to the next level.
Features
- A loan amount of 50,000-5,000,000
- A competitive interest rate on a reducing balance basis
- Flexible repayment period of up to 24 months
- A turnaround period of within 24 hours
- CRB check
- No additional interest is charged on early repayment
Requirement
- National identification card and a copy of the passport photo
- Six months’ M-Pesa statement
- Have an operational business (above 2 years of operation)
- Business registration certificate
- Business license
- At least two Guarantors are required
NORMAL LOAN
This is a product designed for individuals in business to allow them to meet their financial needs i.e. restocking, expansion, working capital
Features
- A loan amount of 20,000-500,000
- A competitive interest rate on a reducing balance basis
- Flexible repayment period of up to 12 months
- A turnaround period of within 24 hours
- CRB check
- No additional interest is charged on early repayment
Requirement
- National identification card and a copy of the Passport photo
- Six months’ M-Pesa/bank statement
- Have an operational business (above 1 year of operation)
- Business registration certificate
- Business license
- At least two Guarantors are required
ASSET FINANCE
Asset Finance is a self-secured loan product where we finance you to purchase movable assets such as saloon cars, motorcycles etc.
Features
- Financing of up to 80% of the asset price
- A competitive interest rate on a reducing balance basis
- Flexible repayment period up to 24 months
- A turnaround period of within 24 hours
- No Guarantors required
- Execution of chattels
- No additional interest is charged on early repayment
Requirement
- National identification card and a copy of the Passport photo
- KRA PIN
- Six months’ M-Pesa/bank statement
- Proforma invoice
- Comprehensive insurance (motor vehicle)
- One witness
COMPANY LOAN
It is a product designed for Limited companies, allowing them to access working capital loans to finance their business.
Features
- A loan amount of 50,000-2000,000
- A competitive interest rate on a reducing balance basis
- Flexible repayment period of up to 12 months
- A turnaround period of 48 hours
- Company CRB check
- No additional interest is charged on early repayment
Requirement
- The director’s resolution to borrow
- Articles of association, Certificate of incorporation
- Passport photo of the managing director
- Company KRA PIN certificate
- CR12
- Authorized persons’ contacts and identification details
- 1-year bank statement
- The company has been in operation for more than 2 years
- CRB check
- Offer collateral for the loan
- A filled and signed loan application form by the Directors
QUICK LOAN
Our Quick loan product is specifically tailored to meet the financial needs of individuals in the informal business, enabling them to access cash in a quick, affordable, and secure way from Ksh 2,000 to Ksh 20,000.
Features
- Quick processing within 24 hours
- A competitive interest rate
- Flexible repayment period of up to 2 months
- No additional interest is charged on early repayment
- No processing fee
Requirement
- National identification card and a copy of the Passport photo
- Six months’ M-Pesa statement
- Have an operational business (above 6 months of operation)
- At least one Guarantor
SALARY ADVANCE LOANS
This product is designed for persons with a salary income to enable them to meet any financial obligations that may arise.
Short-term Salary Advance Loan with MOU
Features
- A loan amount of 5,000-50,000
- A competitive interest rate on a reducing balance
- Repayment period of up to 2 months
- A turnaround period of within 24 hours
- No processing fee
- Check off payment
- No additional interest is charged on early repayment
Requirement
- Check off with a Memorandum of Understanding (MOU)
- National identification card and a copy
- Passport photo
- Six months’ M-Pesa and bank statement (salary account)
- Valid employment contract
- Three months’ latest pay slips
Short-term Salary Advance No MOU
Features
- A loan amount of 5,000-30,000
- A competitive interest rate on a reducing balance
- Repayment period of 1 month
- A turnaround period of within 24 hours
- No additional interest is charged on early repayment
Requirement
- A valid employment contract
- Flexible repayment period of up to 6 months
- ID and Passport Copies
- Six-month bank statement
- Six-month M-Pesa statement
- Two guarantors (1 colleague and any other person)
Long-term Salary Advance loan with MOU
Features
- A loan amount of 20,000-200,000
- A competitive interest rate on a reducing balance
- Flexible repayment period of up to 24 months
- A turnaround period of within 24 hours
- No additional interest is charged on early repayment
- Check off payment
Requirement
- Check off with a memorandum of understanding(MOU)
- National identification card and a copy
- Passport photo
- Six months’ M-Pesa and bank statement (salary account)
- Valid employment contract
- Three months’ latest pay slips
Long-term Salary Advance loan without MOU
Features
- A loan amount of 5,000-100,000
- A competitive interest rate on a reducing balance
- A turnaround period of within 24 hours
- No additional interest is charged on early repayment
Requirement
- A valid employment contract
- Three months’ latest pay slips
- ID and Passport Copies
- Six-month bank statement
- Six-month M-Pesa statement
- Two guarantors (1 colleague and any other person)
- Home assessment
EMERGENCY LOAN
Our Emergency loan is a product designed to help you solve your urgent and unexpected needs that require instant cash.
Features
- A loan amount of 2,000-200,000
- A competitive interest rate
- Flexible repayment period of up to 2 months
- Instant disbursement
- No additional interest is charged on early repayment
Requirement
- National identification card and a copy of the Passport photo
- Collateral
- Possesses the ability to repay the loan amount
- Six months’ M-Pesa/bank statement