Our Loans
Salary Deduction Loans
Supporting Documents
Loan Requirements
Fees
Supporting Documents
- Application Form (2 copies)
- Loan Contract and Promissory Note (3 copies)
- Salary Deduction Guarantee Agreement (3 copies)
- Payroll Salary Deduction Agreement – Applicant (3 copies)
- Payroll Salary Deduction Agreement – Guarantor (3 copies)
- Credit Consent Form (Applicant and Guarantor)
- UNSC Report (Applicant and Guarantor)
- Source of Funds (Applicant only)
- Solvency Declaration (Applicant only)
- PEP Form (Applicant and guarantor)
- Income and Expenditure (Applicant only)
- Address Verification (Applicant and Guarantor)
Loan Requirements
- 3 or 6 last payslips
- Identification (passport/driver’s license/national ID), TRN
- Guarantor (same information as in 1 & 2)
Fees
- Processing fee – 5% of loan amount
- Credit Report = $1,800 for applicant and guarantor each
- Bank Transfer charges – $250.00
Supporting Documents
Loan Requirements
Fees
Supporting Documents
- Application Form (2 copies)
- Loan Contract and Promissory Note (3 copies)
- Salary Deduction Guarantee Agreement (3 copies)
- Payroll Salary Deduction Agreement – Applicant (3 copies)
- Payroll Salary Deduction Agreement – Guarantor (3 copies)
- Credit Consent Form (Applicant and Guarantor)
- UNSC Report (Applicant and Guarantor)
- Source of Funds (Applicant only)
- Solvency Declaration (Applicant only)
- PEP Form (Applicant and guarantor)
- Income and Expenditure (Applicant only)
- Address Verification (Applicant and Guarantor)
- Scotia – Client Direct Agreement (if Scotia account) and also for guarantor
- Bank Direct Authorization Form
- NCB – Client Direct Agreement (if NCB account) and also for guarantor
Loan Requirements
- 3 or 6 last payslips
- Identification (passport/driver’s license/national ID), TRN
- Guarantor (same information as in 1 & 2)
- Last 6 months bank statement (bank print out showing salary paid to bank
account)
Fees
- Processing fee – 5% of loan amount
- Credit Report = $1,800 for applicant and guarantor each
- Bank Transfer charges – $250.00
Bank Direct/Standing Order
Vehicle Title Loan
Supporting Documents
Loan Requirements
Fees
Supporting Documents
- Application Form (2 copies)
- Loan Contract
- Bill of Sale
- Tax Office & Police Authorization Letter
- Credit Consent Form (Applicant and guarantor)
- UNSCR Report (Applicant and guarantor)
- Source of Funds (Applicant and guarantor)
- Solvency Declaration (Applicant only)
- PEP Form (Applicant and guarantor)
- Address Verification (Applicant and Guarantor
Loan Requirements
- Vehicle title, Vehicle fitness, Vehicle registration and Vehicle insurance (Vehicle
being used as security for loan) - Identification, TRN, Proof of Income
- Proof of Address
Fees
- Processing fee – 5% of loan amount
- Credit Report = $1,800 for applicant and guarantor each
- Bank Transfer charges – $250.00
- Bill of Sale – $3,500.00
- NSIIP – $1,500.00
Supporting Documents
Loan Requirements
Fees
Supporting Documents
- Application form (2 copies)
- Loan contract/agreement
- Board resolution
- Credit consent form
- PEP form
- Address verification
- Bill of Sales (where applicable)
- Mortgage deed (where applicable)
- Letter of Interest
- Last 2 years’ financial statement
- UNSC Report
- Solvency Declaration
- Personal Guarantee
Loan Requirements
- Copies of business registration
- Proof of address
- 12 months cashflow statement
- Last 12 months bank statement (bank print out)
- TCC (where applicable)
- Pro-forma invoices
- Cover letter stating the purpose of the loan
- Letter of good standing
- Collateral (Motor vehicle or property)
Fees
- Processing fee – 5% of loan amount
- Credit Report = $1,800 for applicant and guarantor each
- Bank Transfer charges – $250.00
- Bill of Sale – $3,500.00
- NSIIP – $1,500.00
- Security Deposit – 10% – 20%
Business Loan
