Short-term Loans (Maximum 6 months)
We avail short-term loans in a very short time and at competitive rates.
The short-term loans are ideal for customers who want to address their short-term liquidity needs such as school fees, anniversaries, medical bills, tax obligations, asset purchase, etc.
To access short-term loans one requires submitting the following alongside the application form.
- Bank statement of past 4 months
- National ID, Passport or Employment ID/Voters card / Other ID
- 2 Passport size photos
- Employment contract/confirmation letter
- Business licenses (for companies & trading business)
Other requirements:-
- Above shs 3m
– Land title – Urban land; with value 3 times the loan amount applied for
– Payment of search fees for land
– Land inspection & verification (at applicant’s cost)
– Borrower’s post dated cheques. - Between shs 1m and shs 3m
– Vehicle Log book; with value 3 times the loan amount applied for
– Vehicle inspection & caveating (at applicant’s cost)
– Borrower’s post dated cheques
NOTE:
- In all cases one must be recommended by a PLC director, employee, current PLC client in good books / standing or a credible employer.
- Home/business visitation done