Register your employees for this service and set the limit they can borrow.
USSD application and realtime disbursement to MPESA
Suspend employees in realtime through our portal
Choose date to issue disbursements e.g 15th-24th of the month
Choose between direct payment, management approval or guarantor approval models
Secure using a bank guarantee, logbook loan or any other acceptable collateral
Contact or Visit us on how to apply.
Fees & Charges(Corporate Bank Deposit)
Salary Disbursement Charge - 8% Per Month
Bank Deposit Fees- Ksh: 1,000
TERMS & CONDITIONS
Pay salaries even if your cashflow is affected.
No worries during payroll
Reliable & Immediate disbursements
Choose between employees withdrawal to MPESA or direct deposit to your bank account
Secure using a bank guarantee, logbook loan or any other acceptable collateral
Contact or Visit us on how to apply.
General Requirements
Valuation report
Original logbook and a copy
Post dated cheques
Copy of KRA pin
Copy of comprehensive insurance
Copy of ID
2X passport photos
Bank statements or payslips for the last 6 months and 6 months mpesa statements.
Utility bill or rental house receipt
Fees & Charges
Credit Charge - 5% Per Month
Processing Fees- Ksh: 2,000
Cashing Fees- Ksh: 2,500
Lawyer Fees- Ksh: 4,500
Auto Logbook search & incharge Fee- Ksh: 1,800
Tracker Installation Fee - Ksh: 2,000
Valuation Fee(Regent or Piranha valuers)
Personal Cars
Their offices 3,500 & Your Location- 4,500
Commercial
Their offices 10,500 & Your Location- 11,500
TERMS & CONDITIONS
Take a loan secured using your vehicle's logbook.
Get from KES 100,000 to 1,000,000 and retain the right to continue driving your car.
The loan covers up to 50% of your car's forced value regardless of age, brand, or model.
You can easily repay a loan in affordable installments and choose your desired repayment period for up to 1 year.
Our quick logbook loans for old or new cars are easy to secure and usually based on a flexible credit history review.
Contact or Visit us on how to apply.