PLATINUM CREDIT IS NOW A FULLY ISO CERTIFIED COMPANY
With the introduction of Secured lending, your SME customer can now get up-to 50million UGX through our Small and medium Enterprise Product using his car logbook or her land title. Please see product description below.
PRODUCT SPECIFICATIONS
Interest rates
4% across all terms
Loan fees
7.5% appraisal fee/processing cost to capture all expenses
Arrears tolerance
5 days tolerance
First repayment date grace period
This is catered for in the 5days tolerance and 30days first repayment date
Loan repayment term
3 - 24 months
Minimum Amount
3 Million
1. Legal business in operation for more than one year.
2. National ID.
3. Trading licenses or proof of business ownership.
4. 3 Current Passport Photos.
5. Two guarantors with their IDs
6. Securities required is either a land title or Log book owned by the client
NB: Only Land Titles within the Kampala Metropolitan Area plus those in areas of Mukono are accepted at the moment.
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