What collateral do you require?

We will assess the need for collateral on a case by case basis. If collateral is required, we consider various forms including inventory or social collateral such as guarantors

How can i qualify?

You should be a registered business in Rwanda that has been profitable over the past 12 months. The business should a good track record of performance and a stable customer base.

What documents do you require?

For initial consideration, please submit:

  1. Your full registration details from RDB
  2. An application letter specifying the amount of the loan required and what it will be used for.
  3. Bank statements for the past 6 months
  4. VAT filings for the past 6 months

More documents will be requested later as part of the due diligence process.

How long does it take to receive an answer if my invoice will be factored or not?

Once all the required documents have been submitted, you will receive a reply within 5 working days to let you know the status of your application.

How do you disburse the money?

We can transfer the money to you via cheque or bank transfer. In some cases, we may also choose to pay your supplier directly. We do not disburse cash.

What if i work with other banks, have a line of credit or an existing loan?

You must disclose any existing bank loans during the application process. Some loan agreements or overdraft contracts restrict your ability to take out other loans. Check the loan agreement you signed with your bank to see if there are any such restrictions. If there are no restrictions, we can work with you. We may request second rank security on the collateral given to the bank.

What is the maximum amount you disburse?

We evaluate the credit limit on a case by case basis, taking into account the size of the business and the ability to repay. For new borrowers, the credit limit does not exceed Rwf 20M.

What are the costs?

We charge two fees for our services:

  1. An origination fee of 2% per disbursement
  2. A time-based fee is linked to the time that the loan is outstanding. This fee is determined by assessing the risk status of the borrower.


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