Loans

We provide a wide range of Credit Options

Our credit options are suitable for employed, unemployed (skilled) and SME’s.

Individual Loans

We provide short term loans to individuals who are in employment or have proof of regular income. This type of facility can be issued to individuals requesting funding for emergency which may include school fees, medical bills, acquiring assets, building or expanding your home and many other unforseen expenses.

Business Loans

This facility is a security backed loan open to Small and Medium Enterprises that are duly incorporated and registered with the corporate affairs commission (CAC) and have evidence of servicing reputable companies.

Order Financing​

SME’s who have order with established corporate can obtain short term credit of 30-90 days to enable the fulfillment their supply contractual obligation.

Invoice Discounting ​

SME’s that have already supplied goods and services to corporates and wished to get an advance against the amount payable by the corporate to meet their short-term needs.

Term Loan​​

SME’s with proven track record and regular cash flow from servicing reputable corporate may qualify for a short-term working capital loan ranging from 1 to 6 months.

Loan Application Process​

01.

​Apply

Individual/ SME supplier/ contractor approaches Phoenix Loans Africa for funding.

02.

KYC

Phoenix Loans Africa confirms order with individual/ SME/ Corporate KYC documentation.

03.

Credit Appraisal ​

A credit appraisal will be conducted for individual/ SME by Phoenix Loans Africa.

04.

Approval ​​

Management credit committee approves facility.

05.

Security​

Security perfection is undertaken.

06.

Disbursement ​

Finance is advanced to customer.

“Amazing Designs and Quality Work!”​

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John Doe​

CEO, ACME INC.​

Would you like to start a credit journey with us?​

Our team of young, vibrant and innovative professionals are ready to help guide your discussions.

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