Bridge Financing
Includes: Payday loans, micro business loans and renewable energy loans
Sunshine Financial Services Limited offers short term financing solutions tailored to the different needs of various groups of people within the community. Some of the solutions under this include:
Pay day loans/Friendly loans: This solution is targeted for salaried customers. Pay day loans are intended to bridge the short fall between salary pay days. The pay day loans are structured in such a way that repayments are aligned to the salary payment dates of the borrowers ignorer to ease repayment.
Who qualifies
- Salary earner
- Confirmed in employment
- Holder of a bank account
What we offer
- Up to Ugx 1million
- Monthly payments on salary pay day
- Competitive interest rates
- Same day loan approval
Micro business loans: This solution is targeted to small business owners (such as market vendors, retailers, body soda riders) within the community to boost working capital. These micro loans are structured with daily repayments which is in tandem with the daily income patterns of the micro businesses. Additionally, the daily repayment structure eases the burden of loan servicing.
Who qualifies
- Business owners (e.g. market vendors, retail shop owners, boda boda owners)
- Physical business location
- Willing to provide a credible guarantor
What we offer
- Up to 1million UGX
- Flexible loan repayment schedules
- Competitive interest rates
- Same day loan approval
Renewable energy loans: Given the current situation of the rapid climate change effects. Renewable energy solutions are paramount to the survival of our communities and the country at large.
This solution is targeted to individuals who are implementing renewable energy technologies. For example solar bulbs, solar lanterns, solar torches, brisket making, energy saving stoves, bio gas, solar energy etc…
These renewable energy loans are structured with flexible repayments schedules which is in tandem with the income patterns of the business owner or salaried individual. In addition, the flexible repayment structure eases the burden of loan servicing.
Who qualifies
- Business owners or salaried individual
- Physical business or employment location
- Willing to provide proof of income
- Willing to provide a credible guarantor
What we offer
- Up to Ugx 500,000
- Flexible loan repayment schedules
- Competitive interest rates
- Same day loan approval
Green financing: As the climate change effects rapidly destroy the livelihoods of our citizens. Supporting communities who are implementing climate change driven initiatives is our goal.
This solution is targeted to individuals and companies who are implementing climate conservation technologies and practices. For example agro forestation, forest gardens, food preservation, tree planting, use of drought resistance seeds, mulching etc.
The green financing loans are structured with flexible repayments schedules which is in tandem with the income patterns of the borrower.
Who qualifies
- Business owners or salaried individual
- Physical business or employment location
- Willing to provide proof of income
- Willing to provide a credible guarantor
What we offer
- Up to Ugx 500,000
- Flexible loan repayment schedules
- Competitive interest rates
- Same day loan approval
Checkout more services here.
