What is a business loan?
Platinum Credit works with various entrepreneurs, each with unique needs and circumstances. We have the flexibility to work one-on-one with your business and welcome the chance to get to know you.
Our business loan is a credit facility for small and medium enterprises (SME) that is secured by chattels or land title or logbook. We disburse cash within 24 hours up to a maximum of 150m Uganda shillings in 48 months.
Why Platinum Business Loans
- Shortest Loan Approval Time
- Flexible Repayment
- Minimal Documentation
- Client Non – Discriminatory
- Diverse Product Choice
- Minimum of UGX 100,000
- Original Copy of National ID
- Current Passport Photo
- Legal Business
- Guarantors and their National IDs
Who qualifies for Platinum Business Loans?
Legal Business that can generate income on a Daily/Weekly/Monthly basis.
Can I get the money today?
Yes, you can get your money today if you have provided all the required documents and the Supervisor has already visited your business/residence.
When do you start counting 24 hours?
Our product and reason for existing is to deliver “Cash in 24hrs”. If you have provided all the requirements and the Supervisor has visited the business then we should process the loan within less than 24 hours after that.
Do you give loans to customers who already have running loans?
We treat our existing customers as our ambassadors in the community. We have top up loans so that one doesn’t have to wait for the loan to be cleared for them to get another one.
What if I have a loan in another financial Institution?
In case you have a loan with another company, we can consider giving you a loan depending on your credit history and affordability.