What is the interest rate on SME loans?
The interest rate for SME loans is between 3% - 5%.
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Do I have to pay any interest on my Carbon Zero purchases?
No, you won't be charged any interest on your purchases with Carbon Zero. You only need to pay a one-time 5% processing fee
What is the criteria for SME loans?
To access business loans on Carbon you need to have the following criteria: A business registered with the CAC. A valid Tax Identification Number (TIN). Applicable Sectors (for now) include: Retail, Agent Banking, Food Services, Health Services. Time ...
How can I access SME Loans
Carbon provides flexible finance for SMEs. The way to access it is to: Register at https://smefinance.getcarbon.co/ and start your journey to accessible finance. Completely fill the required information and upload requested documents for eg: Valid ...
Do you give loans?
Yes, we offer instant loans to help solve urgent problems, cater to substantial expenses, and grow families and businesses. To be able to access a loan, you need to be on KYC level 2. Follow the instructions below to submit an application: Once ...
Is there interest in funds saved in my Carbon account ?
There is a 1% annualized interest on the cumulative funds saved in your Carbon account which is paid out on the 1st day of every month.