LPO Financing
LPO Financing
We provide LPO financing at reasonable rates for LPOs lasting between one month and ninety days. Our LPO financing can provide you with up to Ksh. 10 million.
Apply For LPO Financing
Our contract terms
Taifa Pesa offers logbook loans of up to 70% of your car’s value, allowing you to get cash in as little as 2 hours. These loans, like most secured loans, come with a fixed interest rate based on the repayment plan and amount borrowed. A logbook loan is preferable to other secured loans because it allows you to keep using your vehicle until the loan is repaid.
Requirements
- A valid LPO
- Company documents including CR12- company PIN cert- certificate of incorporation-National IDs of directors and company KRA pins- TCC & NCA certificates
- Company profile: previous jobs current and past clients.
- Banks statements for the last 6 months
- Director passport photos.
Our contract terms
- Our ROI will be 50% of the NET profit.
- An upfront administrative fee of 1.5%
- A joint escrow account which is organized by Stanbic bank.
- A letter of domiciliation from the client confirming the account to which project related payments shall be settled.
- The facility term/period will be 30 days.
- LPO cheques to be provided.