Lending firms remove the question of guarantors and security before they offer their loans. Banks, on the other hand, will ask you to seek for guarantors and then you have to secure your loan.
While there are many pros of lenders, borrowers should be keen not to be conned by dubious companies. Before you seek the services of some of these money lending companies, be sure to check their registration status. Many people are opting to get money from lending companies at the expense of banks and other traditional institutions. Well, perhaps it’s because they are sure to get an instant loan without much paperwork, unlike their banking counterparts.
Below is a list of the top quick instant loans in Uganda;
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.
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.
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.
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.
The intention of this article is for general informational purposes only. It does not address individual circumstances and Newslex Point will not be held liable for any damages arising from the use of this article. It is not a substitute for professional advice or help. You should therefore not rely on it to make decisions of any kind. Any action you take upon the information presented herein is strictly at your own risk and responsibility.
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