Nolan Credit
nolan credit
About Nolan Credit
Based in Kenya, Nolan Credit is a vibrant, innovative and friendly financial institution dedicated to providing a full range of inventive and customized financial solutions. We believe in the ventures you are focused on and endeavor to add value while working with you to achieve success for prosperity.
Vision
Growing an enterprising people.
Mission
To provide financial services and solutions that turn opportunities into success.
Core Values
Customer Focus, Integrity, Passion, Innovativeness, Teamwork, Loyalty, Professionalism ,and Transparency.
our products
Business Loans
This is a working capital loan product for entrepreneurs with existing businesses meant to help boost the businesses.
Invoice factoring
In this business financing facility, businesses are able to sell their outstanding invoices to Nolan Credit , so as to get a cash advance of up to 85% of the invoice value within 24 hours. Nolan Credit takes responsibility of waiting on the invoice payment for up to 90 days, while your business benefits from the fast cash injection to boost your working capital.
Asset Finance
This facility enables clients to acquire tangible assets like vehicles, machinery furniture and fittings, electronics, and other assets for a business or personal use. This loan ranges from Ksh 50, 000 – Ksh 10 million, with the same financed asset as Security/Collateral and is processed within 48 hours.
Import Duty Finance
This credit facility assists importers of motor vehicles and other container goods, to clear import duty charges and facilitate faster settlement of duty charges to avoid high Port Storage and Demur-rage charges. All Import Duty Finance Loans are subjected to a loan appraisal process. This facility may be converted to a Log Book Finance facility at the expiry of one month, if the customer so wishes.
Motor Vehicle Clearing – Long Term
- Client requires a facility for more than one month.
- An interest of 6 % of the total cost incurred is charged.
- The facility is converted immediately into auto logbook loan after receipt of the log book
Motor Vehicle Clearing – Short Term
- Client applies for the facility for one month.
- 10% of the total cost incurred is charged.
- We retain both the car and the logbook and release them once the facility is repaid.
- No need for joint registration of the vehicle.
