Rapid Acquire
Rapid Acquire
Rapid Acquire is a loan product for salary earners and SMEs to acquire assets for their personal or business use.
Features
- Up to 5 times monthly net pay can be obtained as loan.
- Loan tenor of up to 12 months.
- Minimum contribution of 30% of cost of assets.
- Assets to be purchased in the name of Rapid Credit Services and the borrower.
- Interest calculation is on reducing balance.
Requirements
- Proforma Invoice.
- Recent passport photograph.
- Staff ID Card and Valid means of Identification.
- Letter of employment.
- 6 month bank statement.
- 6 month pay slips.
- Recent utility bill.
- Post dated cheques.
- Insurance of assets
Rapid Acquire
Rapid Acquire is a loan product for salary earners and SMEs to acquire assets for their personal or business use.
Features
- Up to 5 times monthly net pay can be obtained as loan.
- Loan tenor of up to 12 months.
- Minimum contribution of 30% of cost of assets.
- Assets to be purchased in the name of Rapid Credit Services and the borrower.
- Interest calculation is on reducing balance.
Requirements
- Proforma Invoice.
- Recent passport photograph.
- Staff ID Card and Valid means of Identification.
- Letter of employment.
- 6 month bank statement.
- 6 month pay slips.
- Recent utility bill.
- Post dated cheques.
- Insurance of assets
