Consumer Loans
We offer Consumer and Business Loan services, by providing Consumer Loans to Individuals and Business Loans to the Micro Small, and Medium Enterprises (MSMEs).
his Consumer Loans we provide to individual clients, to aid them to finance specific types of expenditures such as mortgages, credit cards, auto loans, student loans, and personal loans. And offer Business Loans to Businesses such as micro-loans, start-up business loans, asset-based financing, business equipment loan, as well as business cash advances.
Our Consumer Loans, which can also be referred to as Personal Loans are either Secured Loans or Unsecured Loans.
Secured Loans
Secured Loans are loans that are backed by collateral, which can either be an asset or property.
This is used to cover the loan if the borrower defaults. With our Secured Loan package, you can borrow larger amounts, it comes with a lower interest rate and a longer repayment period.
Unsecured Loans
Unsecured loans are also referred to as signature loans. This loan is not backed by collateral. Instead, the loan is issued on the ability of the client/borrower to repay the loan. For an unsecured loan, you can borrow the amount needed, although limited, without putting up collateral and it comes with a higher interest rate. The application process for an unsecured loan is usually quicker and less complex.