Any person, with a legal source of income, and a registered logbook
Asset financing
This is a facility to finance asset acquisition
Business loans
This product is designed to finance individuals
and entities in small and medium enterprises.
and entities in small and medium enterprises.
Salary advance
This is a facility advanced to salaried individuals only
The client should meet some conditions of sanction.
The client should meet some conditions of sanction.
This is a facility to finance LPO’s from reputable institutions
The client should meet the set conditions of sanctions.
The client should meet the set conditions of sanctions.
LPO financing.
We provides financial services to small businesses, employees, and entrepreneurs thus bridging a major gap in the financial industry. The institution thus supplements and complements the role played by banks, Saccos, and other financial services providers.
Agricultural Loans
The product is meant for all clients who are involved in crop and livestock production or agriculture-based entrepreneurs/agro-traders both in small and large and large ...
Business Loans
This product is designed to finance individuals and entities in small and medium enterprises
IPF – Insurance Premium Financing
The product is an insurance cover given to those clients who have pledged their motor
ECL Core Value
- Professionalism
- Respect and Dignity to customers
- Integrity
- Creativity and Innovation
- Teamwork
FAQs
-
Who is eligible for our Loan?
-
What is our interest rates?
We don't have a fixed interest rate however we price the risk-The higher the risk the higher the interest and vice versa.
-
What is the limit that one borrow?
Up to 50% of the vehicle’s value, in consideration of net monthly cash flows and up to a maximum of KES 2,000,000.
-
Is there a limit to the age of the car?
Yes. The car’s year of manufacture must not exceed 15 years.
-
How is the loan repaid?
Monthly installments through post-dated cheques or via direct bank deposit or through our paybill No.
-
What if the customer has their own Valuation Report?
The report will only be accepted if the valuation company is on our panel of authorized valuers.
-
What if the car already has a tracker installed?
We shall need to install an additional tracker, from one of our authorized tracking companies.
-
What is the tenure of the facility?
We offer flexible repayment period of Up to 12 months
-
Are there any restrictions in regards to location?
No, we serve all clients within Kenyan boarders.
-
Are there early repayment penalties?
No, we waive interest for the remaining period.
Ask Any Questions
0+
Average loan size
0%
Clients served
0+
House hold impacts
0
