ASSET FINANCING

 

PURPOSE

This product is designed to meet individuals who are economically active who want to acquire an asset(s) and properties, being movable or immovable assets.

 

FEATURES

• Flexible collateral requirements and the asset you buy can be part of the security
• Quick processing and disbursement
• Flexible repayment terms
• Loan amount depends on ability to repay
• Loan tenor 6 – 24 months depending on the amount, loan purpose and income level

 

REQUIREMENTS

• Be an active account holder with Hopeline Microfinance Company Ltd.
• Submit loan purpose for financing business working capital and operational needs
• Submit loan application within a reasonable time
• Be able to clearly demonstrate existence of other sources of income that could be used for loan payment
• Provide Pro-forma invoice on the asset to be purchased.

Guarantor