This is an amount of money you can borrow to use for a variety of
purposes. It allows you to borrow cash for personal expenses and then
repay over time.
A personal loan can be used for a number of expenses such as moving
house expenses, debt consolidation, medical bills, wedding expenses,
home renovations or repairs, funeral costs, vacation costs, unexpected
expenses.
Salary Advance/Loan
This loan is given to individuals that earn income from regular
monthly income from paid employment.
The loan helps employees meet unplanned financial commitments before
salary day, the repayment terms are flexible to accommodate lump-sum
or installment repayment.
Assets Financing /Leases
This product exists to help our customers buy assets with loan support
based on a certain percentage of the cost of the assets.
The asset in question is used as the collateral and the product is
available to both individuals and small businesses.
Working Capital Loan
This is a loan for small and medium enterprises business that fund
their everyday business operations. It is a flexible loan option for
small businesses that need cash quickly to cover immediate expenses
or/and cyclical business financing pattern.
School Fees Loan
This is a short-term loan that is intended to facilitate the prompt
payment of school fees by parents and guardians for their children
and/or ward's educational needs such as tuition fees, uniforms, books,
meals, boarding among others.
Stock/Trade Finance
This is a type of loan where a customer takes the loan solely to
purchase products to sell or use as a raw material for production.
Stock financing enables a company to effectively manage its working
capital and to improve cash flow.
Invoice Discounting
This is when a business obtains a loan based on its confirmed unpaid
invoices which are used as collateral for the loan.
This loan product is designed to allow businesses to get some of their
outstanding invoices paid earlier and is based on a certain percentage
of the confirmed value of the invoice.
The loan is repaid once the invoice is fully settled
Local Purchase Order Finance
This is a short-term financing option designed to assist businesses to
supply a confirmed order to a company.
The loan is also based on a certain percentage of the local purchase
order.
Financial Advisory Service
At the specific request of a Customer, our pull of financial experts
render financial advisory services to support our clients,
particularly in areas of book keeping, stock management, etc. In most
cases, these services come as not paid-for or auxiliary support.