Salary Loan

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

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

Benefits

Enjoy up to

Loan amounts of up to Ugx150Mn with collateral required

Interest Rates

Affordable interest rates that are convenient and flexible

Payment Periods

Flexible Payment periods to clear loan payment

Support

Getting financial guides on these loans and interests
  • 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.

  • Demonstrated source of cash flow for repayment.
  • Valid Trading License for business loans.
  • Documentation for the transaction/ sales agreement (Asset financing loan).
  • Valid bank slip/ student payment code (School fees loans).
  • Copy of the running contract (Contract Financing).
  • Copy of employment contract ( Personal loans).
  • Collateral ranging from Land title, car log book and Kibanja agreement.

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