Memorandum

Terms and Conditions

Key Requirement

Registration and Operation

Your business must be registered with the Office of the Registrar of Companies (ORC) and should have operated for a minimum of 2 years.

Non-Eligible Businesses

We do not finance businesses in the following sectors: construction, mining, quarries, public sector, import-export, oil and gas, and heavy manufacturing.

KYC Documents

You must provide a valid Personal ID as proof of identity, and your business registration documents, in addition to any business operating license or permit where applicable.

Revenue

You must demonstrate that the business can generate a monthly profit of at least 150 percent of the monthly debt service amount. Proof of revenue can be demonstrated using the following documents: customer purchase records, bank statements, and invoices.

Utilization

The loan must be used for any of the approved purposes; working capital, fixed asset purchase, local purchase order, or on-lending. Others not here listed may be considered on a case-by-case basis.

All Terms and Conditions

Click the icon to open

let’s get started

Submit Loan Request

Click to Start