Our Products
Our Products
Eland Finance offers the following products:
Working capital for Micro-Small to Medium enterprises with maximum loan amount of US$5,000.00. Requirements include;
Application letter (stating amount required , purpose of funds , source of repayment and required / expected terms )
Original copies of security to be used as collateral.
Company documents (including Memo & Articles , CR 6 , CR 14 , CR 2 , Certificate of Incorporation , Tax Clearance Certificate)
Copies of IDs and Proof of Residence for all the Directors.
Proof of 3months’ income (sales receipts or invoices).
Consumer loans that are collateral free and granted to formally employed people and pensioners inclusive of SSB, ZRP, and ZPCS subject to payroll deduction arrangement. The Loans stretch up to 24 months and can be used for building, school fees, cross border trading etc. Loan amounts depend on available net salary.
Requirements:
National ID card
Current Pay slip
Proof of Residence
Financing businesses to pay suppliers upfront for verified orders. It is granted to those:
With confirmed orders
With orders from reputable customers
With viable orders with repayment capacity.
Requirements:
Memorandum and Articles of Association
CR14 and Certificate of Incorporation
Cash Flow Statements
Directors’ passport size photos, copy of IDs and proof of residence
6 months bank statement
Guarantors and Security
Financing for asset acquisition purposes with a maximum loan amount of US$5,000.00
Requirements include;
Application letter (stating amount required , purpose of funds , source of repayment and required / expected terms )
Original copies of security to be used as collateral.
3 months bank statement and proof of business operations (sales receipts or invoices)
Copies of IDs and Proof of Residence.
Working capital for agricultural purposes with a maximum loan amount of US$5,000.00
Requirements include;
Application letter (stating amount required , purpose of funds , source of repayment and required / expected terms )
Original copies of security to be used as collateral.
3 months bank statement and proof of business operations (sales receipts or invoices)
Copies of IDs and Proof of Residence
Farm visit and estimation of crop value.
Loans granted to bridge funding gaps arising from invoices pending payments.
Requirements include;
Application letter (stating amount required , purpose of funds , source of repayment and required / expected terms )
Copy of the order or invoice
Original copies of security to be used as collateral/ Letter of Undertaking
3 months bank statement and proof of business operations (sales receipts or invoices)
Detailed company profile (including Memo & Articles , CR 6 , CR 14 , CR 2 , Certificate of Incorporation , Tax Clearance Certificate)
Copies of IDs and Proof of Residence for all the Directors
Available to individuals formally employed with organisations that have no payroll deduction arrangement with Eland Finance.
Requirements:
ID
Payslip
Confirmation of Employment
Collateral
3 months Bank Statement
Proof of Residence
Financing any stage of your business operations.