Asset finance Loans
Buy the asset you need to grow your business
Whether it’s a small tool or huge machinery, Vendorcredit will give you the funds necessary to finance the purchase of whatever assets your business needs to grow.
No collateral required
We don't require collateral to give loans to businesses. In fact, we don't think collateral makes a lot of sense for MSMEs.
Zero paperwork required
Set up your business profile and apply for loans from the comfort of your home, office or wherever you are.
Decision within 1 business day.
We understand how important speed is to making the most of opportunities. You'll get a response from us within 24 hours of applying.
No guarantors required
Our tech-enabled loan approval system ensures that only the minimum requirements are asked of you.
Loans up to 200M
Big or small, we finance projects and business initiatives of all sizes. Let us know how much you need. We can handle it.
Low interest rates
We offer interest rates as low as 2% per month. You don't have to worry about exorbitant interest rates and charges.
How to apply
Follow these 3 steps to get your purchase orders funded.
Step 1
Create and set up an account
Create an account through our web platform or Android/iOS mobile applications and follow the prompts to set up your account.
Step 2
Tell us about your business(es)
Set up your business profile by giving us a few details about your business. We’ve made it possible to set up multiple businesses so you don’t have to create multiple accounts on our platform.
Step 3
Apply for a loan
Once your business profile is all set up, you can instantly apply for a loan on our platform. Our team will reach out to you within a few hours of your application.
Frequently asked questions
Everything you need to know about Working capital loans
Our interest rates are calculated based on multiple factors which include your company's credit history, the loan amount and the tenor of the loan. Apply for a loan today, and get an offer within 2 bbusiness days.
Get funding now
Create an account now to get started on funding your purchase orders.