Quick Loan Services In Uganda
Quick loans are loan products designed to take care of your short-term financial difficulties. As the name implies, these loans are disbursed quickly within hours of application. These loans typically have very minimal documentation, and the process is mostly performed online.
Quick Loan Services In Uganda
A quick loan is a loan that can get you the funds you need to cover expenses quickly, as soon as the same day you apply. Quick loans are a great alternative to a bank loan or home equity loan, which can take weeks or even months after your application to receive a decision and funding. Quick loans are loan products designed to take care of your short-term financial difficulties. As the name implies, these loans are disbursed quickly within hours of application. These loans typically have very minimal documentation, and the process is mostly performed online.
Personal loan: A quick personal loan works like any other personal loan. It usually takes less than 7 business days to get a loan funded (same day with the best lenders), and once you receive the money you’ll pay it back in monthly installments. Payday loans are short-term loans designed to be paid back by your next pay period or within two weeks of taking out the loan. Because most payday lenders don’t check your credit, these are easy loans to get.
In Uganda, interest rates decisions are taken by the Bank of Uganda. The Bank of Uganda official interest rate is the central bank rate. The Bank of Uganda lifted its benchmark interest rate by 100 bps to 10% during its October meeting, to try to tame soaring inflation and boost the shilling. As a salary earner, you can now get the cash you need instantly, and pay back in up to 12 months. Quick Credit gives you funds up to N5million at an interest rate of 1.66% monthly.
List Of Quick Loan Services In Uganda
Below Are The Partial List Of Quick Loan Services In Uganda
Platinum Credit
Platinum Credit Limited is a Micro Finance Company licensed in Uganda under the Company’s Act. Providing Emergency Loans to all Civil Servants is their founding vision. It also offers loans to employees of selected private sector companies and business people through their newest product called Logbook Finance.
Smart Loans
Whether you need working capital for your small business or need to handle a family emergency, Smart Loan Uganda Ltd lets you get an instant loan from 100,000 to 50 million. As you take loans and pay back, the system trusts you more, offering you higher amounts each time.
Bayport financial services:
Bayport financial services has provided primarily government-employed men and women with credit and access to financial services. In nine developing economies across Africa and Latin America, it offers it’s customers speed, value, convenience and also provides financial solutions they can trust.
Express loans Uganda:
This is a micro-finance company that started this journey in 2012. It is a fully registered company with both a trading and money lending license under the names Express Loans Uganda. It provides emergency instant loans designed to suite a client.
Shaka Credit
It has expanded to offer a wider variety of financial products that target privately employed salaried workers, landlords and importers. Shaka Credit loan application process is fast and convenience.
Street Finance Uganda
Street Finance focuses on delivering top notch business solutions to the business world by providing quick and flexible loan amounts agreeable between them and the borrower.
Freedom lender Ltd
Freedom Lender Ltd provide you with quick emergency loans to enable you attend to your immediate financial needs. Simple items like Laptops, TV screens, cars, iPhone and Samsung phones can act as security.
Vision Fund Uganda
Vision fund is a Christian owned and operated mission-driven microfinance network. It works with caregivers in hard to reach, impoverished locations so they can create secure futures for their children. The products and services offered fall into five broad categories: micro-loans, savings programs, micro-insurance, training and education. Benefits therefore include sustainable livelihoods, increased economic well-being, improved community well-being, decreased dependence on outside aid and restoration of hope and dignity.
Afroteller
This is a peer to peer lending platform bringing together lenders (investors) and borrowers. When a borrower expresses interest to get a loan, he provides collateral against which the lender (investor) funds the loan and earns interest. Afroteller highly commits to the safety and security of this transaction
People Finance Investment Company Limited
PFICL are here to provide you with financial solutions for your lending needs. Whether you are looking for a loan or mortgage, their knowledgeable and experienced lending team will explain their lending options to you in a straightforward manner.
DISCLAIMER
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