How Lend Assure's Loan Services Work

In order to be issued a loan from Lend Assure, the following minimum criteria must be met:

• Organisations that have their head-quarters in Sub-Saharan Africa (SSA).
• Organisations that are owned by a citizen of SSA.
• Organisations in line with Old Shoreham Lend Assure Limited’s responsible business policy.
• The business must either be in its early stage, venture stage or later stage of its business cycle.
• The sector the client operates within must be on the Old Shoreham Lend Assure Limited acceptable sectors list.

If you meet the minimum qualifications, complete the application.

The following details would be required while completing the form:

1. Bio data
2. Employment / work details
3. Banking information
4. Loan History
5. Loan request details

Once the application form has been completed successfully, the following documents are to be uploaded:

1. Two reference letters from suitable guarantors.
2. 6 months business statement of account.
3. A utility bill not older than 3 months.
4. National form of identification.
5. CAC document.
6. Tax Identification card.

The loan application would go through internal processing. All candidates would be contacted on the status of their loans as soon as possible.

Successful candidates receive offer letters.

Once the contract has been signed, the fund is disbursed within 24 hours. Clients can choose two methods to receive funds:

1. Prepaid cards
2. Bank Deposit

Methods of repayments:

1. Bank deposits
2. Direct debits
3. Cheques