Momentum Credit is a Limited company in Kenya ready to cater for your financial needs as an individual or a small and medium enterprise (SMEs) by extending financial assistance through affordable loans.
We offer an alternative to customers who do not qualify for a bank loan and are in need of cash. We are also available and you can feel free to contact us anytime by reaching us through our +254 709 434 000 or email@example.com.
Why choose Momentum Credit?
Our core values
We operate with values such as commitment, leadership integrity, excellence and connections to serve our customers without any inconvenience or delay. We also keep our word. We do not promise and under deliver. We also believe in honesty and transparency as we do not have any hidden fee. All these attributes are geared towards ensuring that we expand your possibilities.
At Momentum Credit we ensure you fast and reliable, solution-oriented services to solve your financial needs while being transparent in our dealings. Our customers enjoy our services as we provide a quick and easy solution to their financial need as our vision is to transform structured non-bank financing solutions across Africa.
How do we help grow your business?
We have a wide range of products that will fit all your business needs. Our products include invoice factoring, log book loans, Bid bonds, Performance bonds and APGs. All our products are tailored to serve business needs of small businesses and individuals in need of quick and accessible financial solutions.
At momentum Credit, we can offer up to 85% cash for invoices before customers make their payments within 24 hours. We settle the rest amount after your customer pays your invoice. This service is great for businesses where cash is required urgently for other business needs including paying employee salaries or other monthly recurring expenses. Small and medium-sized business can also access cash which is a limiting factor to growth as they cannot easily access funding from banks and other alternative financing solutions as banks require collateral which the business may not have.
Offering up to 50% of the value of your car, Momentum credit can finance you in times of need of immediate cash. This might go up to 5,000,000. With this loan, you do not need to sell your car below its value going at a loss.
You can get the loan and pay it back and all this with the possession of your car.
A logbook loan is also easier to use and involves lesser paperwork than bank loans. It is also convenient as your car is the only security used as collateral. This can be very assistive to small businesses with regular cash need and do not have other forms of security that can be used as collateral as required in most other financial institutions.
At Momentum Credit we offer bid bond in a period of fewer than 24 hours. This can assist business or persons that require getting tenders from companies or governmental projects but do not have a guarantee that they can manage the project. We can offer bid bonds for customers from reputable banks in a hassle free and timely fashion.
For Bid Bonds, less than 20 million shilling no collateral or cash cover is required.
Once you have secured the tender and you need to be assured of good work done you may require a performance bond. We offer performance bonds within 24 hours and at a no physical collateral. We also do not require you to open an account to access a performance bond either.
For a performance bond, we only require up to 30% cash cover security and keep a cash cover retention of APGs in a safe trust account.
We also provide loans for performance bonds and can even offer you an advance of up to 5 million to begin work easier and faster.
Advance Payment Guarantees
We also offer our customers with advance payment guarantee in case they have secured a government tender. With an upfront cash cover security of up to 30%, we can deliver advance payment guarantees in a period of less than 24 hours without requiring any account opening. The cash cover security is also deposited in a safe trust account meaning there is no chance of a customer’s investment getting lost.