Loans

These are suitable for persons with the desire to boost their businesses that have been in existence for at least six (6) months. This therefore incorporates;

• Improving your business cash flow. This helps to plan well for the company especially when there is a track record of the income and the expenditure. It would therefore be important to get a loan with the knowledge of how the company is operating. This can be on a profit or a loss.This also helps to understand what amount of money the company needs and whether it can pay the loan in the designated time frame.

•  Purchasing more equipment and inventory for the business. This is because machines and equipment undergo wear and tear and this could cost the business money in cases of shutdown. In the same regard, there could be a need to inspect machinery because of the pandemic where some machinery could have been out of use.
• Improving and expanding the company’s market base through involvement in Cooperate Social Responsibility (CSR) and Philanthropy.
• There could also be instances where one need to purchase goods/ services for the company and needs money on a very short notice. This calls for a business loan from Ntende Finance.

We lend money from as low as five hundred thousand shillings (500000) to one hundred fifty million (150).

Business loan requirements include;

• Valid trading license.
• Demonstrate and provide a source of cash flow for repayment.
• Statement from the bank
• Credit reference Bureau
• Guarantors
• Provide collateral/ security in form of land titles or car log books.

These are loans designed to aid parents /guardians with school dues as to enable them have an uninterrupted school term for the student.

They therefore minimize on absenteeism of the student from school and also give financial freedom to the parent because they can borrow money instantly and pay in later.

These are loans designed to aid parents /guardians with school dues as to enable them have an uninterrupted school term for the student.

They therefore minimize on absenteeism of the student from school and also give financial freedom to the parent because they can borrow money instantly and pay in later.

Here the requirements include;

• Demonstrate and provide a source of cash flow for repayment.
• Valid blank school bank slips/ student payment code.
• Statement from the bank
• Credit reference Bureau
• Guarantors
• Provide collateral/ security in form of land titles or car log books.

These are designed for salaried employees to complement their monthly income for development.

Some other reasons why one would take a salary loan include;

• These can be accidents, abrupt medical costs, et cetera. This calls for a salary loan to take off some of the baggage and pay off as soon as the client gets paid.

• Redundancy or Short term unemployment. Though salary loans should never be used asa long term source of income, they can be extremely helpful in covering costs during periods of temporary or short term unemployment. Once you secure the job you have been aiming at, you can pay off the loan.
• Holidays/ Vacations. Life many time gets too stressful and one needs a break. Here one can take a salary loan. This means you can pay for the accommodation or flight et cetera even if your salary is not quite enough.

N.B we can offer this particular form of financing if our company writes a Memorandum of Understanding (M.O.U) with your company.

These are designed for personal development and bridging a gap in one’s cash flow constraints.

Other reasons you may need a personal loan is

• Debt Consolidation is one major reason why most people take personal loans. When can you apply for a loan you can use it to pay other outstanding debts and therefore reduce on the accumulating interest rate. It’s therefore one alternative of paying off other outstanding loans.

• These can be accidents, abrupt medical costs, et cetera. This calls for a Personal loan to take off some of the baggage and pay off as soon as the client gets paid.
• People also take personal loans to do home remodeling. These include; fixing old roofs, fixing leakages, discarding used furniture and purchasing new, renovating blocked waste pipes et cetera.
• You may also need a personal loan to fund funeral costs or to renovate a cemetery at home.

Used to acquire a new asset and the same can be used as security for the loan.

Here the requirements include;

• At least 30% of the financing of the asset you would want to purchase.
• Documentation for the transaction, purchase/sales agreement.
• Statement from the bank
• Credit reference Bureau
• Guarantors
• Provide collateral/ security in form of land titles or car log books.

Aimed at unlocking cash flows for contractors.

Here the requirements are;

• Company documents and Particulars of the directors.
• A copy of the project you want to finance.
• Statement of the company
• Guarantors
• Provide collateral/ security in form of land titles or car log books.

All these loans are payable with a fixed interest rate of 6% expect for Contract Financing which is 8%.