About Private School Financing
- Private School Financing is a specialized financial solution crafted to address the cash flow challenges that private schools encounter in their daily operations.
- This offering provides up to Kes. 1 million in unsecured financing, with a repayment term of 4 months.
- Eligible schools must have been operational for at least 3 years and possess a Ministry of Education Certificate.
- With a swift 24-hour processing time and competitive rates, this facility ensures that educational institutions can seamlessly bridge financial gaps and maintain their commitment to delivering quality education.
Private School Financing Features
Financing
Loan Limits
Loan Period
Security
Processing
Requirements
School Registration Documents
School KRA PIN
Directors KYC
Bank Statement
MoE Certificate
Post-dated Cheques
Steps to Apply
1. Loan Application
Fill in the online application form.
2. Loan Appraisal
We will determine how much you qualify for.
3. School Visit
We will visit your school as part of our due diligence.
4. Sign Loan Agreement
Sign the loan agreement outlining the terms and conditions of your loan.
5. Disbursement
We will send the funds to the school's bank account.
Apply For Private School Financing
Fill and submit the form and we will reach out to you asap!
Frequently
Asked Questions
The school must be an operational private school.
The school must have been in operation of a minimum of 3 years.
The school must possess a Ministry of Education Certificate.
You can borrow a minimum of Ksh. 50,000 and a maximum of Ksh. 1,000,000
Yes, we check your school's CRB information. This helps us to understand your current financial commitments and how you have serviced other loans in the past.
We charge between 2% and 10% flat rate monthly interest depending on the risk profile of your school.
Yes we will. We value transparency. As a responsible lender, we will disclose all the information regarding your loan to you and send a loan agreement containing all loan details plus the repayment schedule to your email before activating your loan. We will only proceed once you are ok with all the terms and conditions and with your express consent.
If you have successfully paid off one loan with Pivot Finance, the next time you apply you may enjoy higher loan limits and lower interest rates.
We do not ask for any physical security upfront.
Quick processing
No upfront security