One & Move
FHC One & Move
MAXIMUM LOAN AMOUNT $1.5M
LOAN TO VALUE 100%
INTEREST RATE 25.0%
REPAYMENT TERM Up to 60 Months
PAYMENT MODE From business Cash Flow
SECURITY The Taxi
Maintenance Savings 10%
SHARE DEPOSIT $200K
PROCESSING FEE $10K
ELIGIBILITY OWNER DRIVER ONLY!
TURNAROUND TIME - Within 2 days of submission of all required documents
Loan to cover;
100% comprehensive Insurance
DOCUMENTATION REQUIRED
1. FHCCU Membership
2. Credit Reference
3. Taxi Association Letter / Transport Authority Letter
4. PPV Insurance quotation
Special Condition(s) Borrower must have good Credit/Savings history
LOAN TO VALUE 100%
INTEREST RATE 25.0%
REPAYMENT TERM Up to 60 Months
PAYMENT MODE From business Cash Flow
SECURITY The Taxi
Maintenance Savings 10%
SHARE DEPOSIT $200K
PROCESSING FEE $10K
ELIGIBILITY OWNER DRIVER ONLY!
TURNAROUND TIME - Within 2 days of submission of all required documents
Loan to cover;
100% comprehensive Insurance
DOCUMENTATION REQUIRED
1. FHCCU Membership
2. Credit Reference
3. Taxi Association Letter / Transport Authority Letter
4. PPV Insurance quotation
Special Condition(s) Borrower must have good Credit/Savings history
Micro & Small Business Loans
There is no place like FHC when it comes to providing financing for your business. Our secured and unsecured Quick Line and Express loans, offering up to $500,000 to members who want to expand or start their micro or small businesses.
The three types of Micro & Small Business Loans that we offer are:
- Business Loans for Individuals (unsecured).
- Business Loans for individuals (secured).
- Group Business Loans (sizes 2- 7 members).
Our loans are covered by two Insurance Policies to reduce the risk in lending.
*Conditions apply
click here for requirements