Below is a list of loans offered by Mula Capital and Customer Care Contacts:
Secured Business Loans
Loan Details
Loan Features
Tenor: max 24 months
Facilities
Business Short term (Overdraft) & Long-term loans
Requirements
- Business operation for the past 6 months
- Personal / Business Bank statement or Mpesa statement
- Collateral / Security for the loan
Rate
Risk-Based Pricing
Benefits
Boost working capital, Business expansion Business diversification
Unsecured Business Loan
Loan Details
Loan Features
Tenor: max 24 months
Facilities
Business Short term (Overdraft) & Long-term loans
Requirements
- NO collateral is required.
- Business operational for more than 2 years
- Books of accounts
- Guarantor required
Rate
Risk-Based Pricing
Benefits
Boost working capital, Business expansion Business diversification
Import Financing
Loan Details
Loan Features
Max repayment 60 days.
Facilities
Finance up to 50% value of the vehicle and other assets.
Requirements
- Bill of lading
- Invoices
- Export certificate
- Inspection certificate
Rate
Risk-Based Pricing
Benefits
Enable customers to acquire their imported merchandise and assets without much hustle.
Invoice Discounting
Loan Details
Loan Features
Max repayment 60 days
Facilities
Invoice Discount
Requirements
- Proof of invoice payment.
- Post-dated cheque
- Bank statement for the past 1 year
Rate
Risk-Based Pricing
Benefits
Provide working capital for business continuity.
Asset Financing
Loan Details
Loan Features
Max repayment 24 months
Facilities
Asset finance
Requirements
- Proforma invoice.
- 12 months bank statement
- Valuation Report
- Proof of income
Rate
Risk-Based Pricing
Benefits
Enable customers to acquire assets such as motor vehicles, motorcycles and business assets.
Title Deed Loan
Loan Details
Loan Features
Tenor: max 24 months
Facilities
Loan secured with title deed
Requirements
- Valuation fee
- Title deed copy
Rate
Risk-Based Pricing
Benefits
Finance business, personal growth and development
Logbook Loan
Loan Details
Loan Features
Max repayment 24 months
Facilities
Loan on Motor vehicle logbook
Requirements
- Valuation report
- Logbook copy
- N/B: Joint Registration will be effected.
- Discharge after loan completion
- Valid comprehensive insurance cover from a reliable underwriter
Rate
Risk-Based Pricing
Benefits
Sort cash emergencies intently from time to time
School Fees Loan
Loan Details
Loan Features
Max repayment 12 months
Facilities
School fees loan
Requirements
- School fees structure
- Cheque is drawn directly to the learning institution
Benefits
Prompt payment self or children’s school fees
Salaried Loan
Loan Details
Loan Features
Max repayment 24 months
Facilities
Salaried loan
Requirements
- Letter of contract from the employer
- 3 months’ payslip
- Recommendation from the employer
Benefits
Personal growth and development
Emergency Loan
Loan Details
Loan Features
Tenor: Max 3 months
Facilities
Cash Emergencies
Requirements
- Collateral / Security for the loan
Benefits
Meet cash emergencies e.g. Abrupt Business relocation, Payment of unexpected business expenses
Mula Capital Customer Care contacts
Address
Nairobi, Kenya
Phone:+254 722 926 774
Email us:info@mulacapital.co.ke
Facebook:@mulacapital