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This is a cash flow based loan which can be used to cater for short term needs which may include; School fees, Medical, Business, home improvement, asset Acquisition among others.

Requirements for Asset Loan product

  • Business must be in existence for more than 12 months and 6 months in the same location.
  • Bank statement for 6 months.
  • Client Identification(Passport,Driver’s license,Voter’s card etc
  • Trading License
  • Business records like Receipts, Sales Book or contracts.
  • Must have a Motor as collateral.
  • Valuation of motor vehicle.
  • Two credible guarantors plus signed photocopies of their identifications.
  • Employment contract
  • Three recent pay slips