What is Loan Fund Management?
Are you an employer? Do you run an organization or a company with numerous employees? Do you wish to have smooth-running operations of your loan funds?
With Loan Fund Management solution we will assist you to outsource management/administration of Loan Fund with us and avoid the hassles of loan administration as we help you concentrate on your core business.
With Loan Fund Management solution we will assist you to outsource management/administration of Loan Fund with us and avoid the hassles of loan administration as we help you concentrate on your core business.
- No loan administrative hassles to the employer
- Convenience and fast processing of loans
- Employers can concentrate on their core business and area of expertise
- The facility targets employers who want to outsource management/administration of Loan Fund
- The loan term is as per agreement with the employer
- Repayments are done on a monthly basis
- Application approvals are done within 24 hours
- A fixed deposit that is to be placed in Faulu as a security
- Total exposure under Loan Fund Management should not exceed 90% of the fixed deposit at any one time
- Include assets being financed