Business Loan

1. Recent 6 months’ bank statement/ mobile money account statement.
2. Trading license
3. Business registration certificate (if necessary)
4. Tax clearance certificate
5. Board Resolution for Companies for a limited company
6. Latest PACRA Print Out for a limited company
7. National ID copies of the business owner(s)
8. Recent passport size photos of the business owner(s)
9. Copy of lease agreement for rented business premises/ proof of ownership
10. Collateral (where necessary)

This is a collateral based short-term empowerment loan to the marketers/ small business owners to help them recapitalize with the loan. The loan repayment plan is made on a daily basis to make it easy and lessen the burden of clearing debt.

This is a short-term loan facility that targets a group of between 3 or 5 people in the same marketplace that wish to get funding for business capital but do not have collateral to access such funds. They choose among them a leader to be a contact person being principal borrower and the rest sign as guarantors (co-borrowers). Interest on this facility is paid daily and each member contributes to the daily repayment equal to their share of the loan facility to avoid the burden of a lump sum repayment.

This is strictly available to meet the need of a contract or supply order and in this case the purchase order is essential to guarantee the issuance of the loan and the purchase order will form part of the loan agreement. We may also request to get a payment confirmation or letter of undertaking from the customer which will give detail as to when and in the manner which payment will be made to the borrower.

This loan is tailor-made for the sole purpose of acquiring assets for the business either moveable or non-moveable, in this case the asset itself is used as collateral. This package can be a short to long term loan depending on the asset obtained.

To process your application the same day, please bring the documents with you or upload if applying through our website:

1. Recent 6 months’ bank statement/ mobile money account statement.
2. Trading license
3. Business registration certificate (if necessary)
4. Tax clearance certificate
5. Board Resolution for Companies for a limited company
6. Latest PACRA Print Out for a limited company
7. National ID copies of the business owner(s)
8. Recent passport size photos of the business owner(s)
9. Copy of lease agreement for rented business premises/ proof of ownership
10. Collateral (where necessary)

The assessment process is fast and very straightforward. If you apply for a loan with us, in most cases, we will have your answer the same day.

Once the loan application is approved, we will transfer the money to your bank account or you can simply go to the branch and withdraw in cash. In this case, you will be required to present your ID.

You can repay your loan via mobile money or cash payment by visiting any of our branches.

• Mobile Money
  Airtel Mobile Money - 764 096 411 
• Cash Deposit
  Visit our bank to make a cash deposit. You can download the bank details here

Kindly remember to indicate your NRC number as a reference. In case you have any questions, call us at +260 764 096 411 or email service@finsure.co.zm.