- Farm Implement Loans
- Harvesting Loans
- Poultry Loans
- Dairy Loans
Product Features
- Flexible collateral requirements
- Flexible Source of working capital
- Competitive Interest Rates
- Quick Turnaround time
- Up to 60 Days to repay
Salary-based Loans
Need quick cash for an unexpected financial emergency? Turn to Fincred Finance Personal Loans to cover your immediate financial requirements. We provide Personal Loans for a variety of reasons including education, medical, travel, Funeral expenses or even home renovations. With interest rates as low as 4% and tenure up to 12 months, you can find all your desires within reach. You can get up to K50,000 when you visit our branch or through the online application. We have made the process of obtaining a Personal Loan simple and flexible for you to get quick access to money when you’re in need.
- Payroll Based loans
- Salary Advance loans
- Emergency Loans
- Loan Refinance
- Less than 2-hour turnaround time
- Up to 12 months to repay
- Attractive interest rates
- No collateral requirements
- Personalised Service
- Insurance covering death, terminal illness and retrenchment
- Online Approvals
- Payroll deductible
- Loan amount depends on Net pay
Agriculture Loans
SME Loans
Invoice Discounting
Invoice discounting is a form of short-term borrowing used to improve your company’s working capital and cash flow position. Invoice discounting allows a business to draw money against its sales invoices before the customer has actually paid and use the invoice as collateral.
What does Invoice Discounting offer me?
- Provides you with working capital and improved cash flow position.
- Short term facility that can be serviced within the 90 day period.
- Flexible repayment terms.
- Less expensive form of facility.
- Convenience: Once the facility is approved, there is an agreed period subject to the review date.
- Flexible collateral requirements
- Flexible source of working capital
- Competitive interest rates
- Quick turnaround time
- Up to 60 days to repay
- Flexible documentation requirements
- Competitive pricing with no hidden costs
- Turn today’s sales invoices into tomorrow’s cashflow
Order Financing
- Order Financing is a financial lending facility that allows companies to access funds in the short term, service their clients and grow their business. It is an ideal lending facility based on guaranteed purchase orders, project based or procurement business. If your business requires funding to supply goods or services upfront to your client, purchase order funding will enable your business to fulfill the order without the stress of acquiring additional working capital for the business.
- Fincred Finance structures each deal according to the clients cash flow cycle to ensure your business is not under additional pressure while the orders are being fulfilled.
The Benefits
- Upfront Working Capital.
- Advantages of Larger Orders.
- Supplier Discounts for Upfront/Prompt payment.
- No Supplier Credit.
- Increased Sales.
- Funding for Seasonal purchase requirements.
- Flexible collateral requirements
- Flexible source of working capital
- Competitive interest rates
- Quick turnaround time
- Up to 60 days to repay
- Flexible documentation requirements
- Competitive pricing with no hidden costs
- Turn today’s sales invoices into tomorrow’s cashflow
