About SME Logbook Loans
This is a cash flow based loan which can be used to cater for short term needs which may include; School fees, Medical, Business, home improvement, asset Acquisition among others.
Requirements for Asset Loan product
- Business must be in existence for at least 6 months and based in the same location for 6 months.
- Bank statement for 6 months.
- National Identification
- Trading License
- Business records like Receipts, Sales Book or Contracts.
- Must have a Motor as collateral registered in Client/Company name.
- Valuation of motor vehicle.
- Two credible guarantors plus signed photocopies of their identifications.
- Employment contract
- Employment Identification