Access Micro Loan
Indicative| Loan type | micro |
|---|---|
| Lender | micro-lender |
| Rate from | 38% |
| Rate up to | 60% |
| Rate type | flat (add-on) |
| Max term | 24 months |
| Max amount | J$1,000,000 |
| Processing fee | 3% |
| Processing fee (flat) | — |
| Legal / documentation fee | — |
| Valuation / inspection fee | — |
| Stamp duty & registration | — |
| Insurance (per year)Creditor-life / peril insurance the lender requires, as % of the loan per year | 0.5% |
| Other one-off fees | — |
| Late payment fee | — |
| Security required | Unsecured / guarantor |
| Who it suits | Micro and informal businesses |
Quoted by the lender as a monthly rate; shown here annualised.
Source: www.accessfinanceonline.com · Last verified: not yet · Rates are headline rates published by each lender and vary with your credit profile, security and term. Fees (processing, legal, valuation, stamp duty, insurance) are typical published figures. Confirm with the lender before applying.