Loan Products And Services

At CDM we take transparency as key, its why we would like to expose how our loan products and Services.

Working Capital Loan

We are only engaged in only one loan product as we hope to add other more loan products to our clients.

The purpose of the Loan is to finance day-to-day operating costs of the client's existing business. This includes; the financing of current assets, especially working capital.

Working Capital Loans are not intended for financing fixed assets or other long term investments. Clients may also use some part of the Loan for non-business purposes, however they are encouraged to apply the largest part of the loan to the business to be financed.

Loan Pricing

1-5% Monthly interest rate per Month on a Declining Balance (Nevertheless this can be revised from time to time as set out in the official Cdm ltd tariff guise

2. Loan Processing fees 2% of the loan amount Payable upfront when the client purchases the form

OTHER LOAN CHARGES.

1. Loan Commission 1% of the loan above 500,000

2. Loan Social welfare Fund fees 1% of the loan granted.

3. Stationery fees 10,000.

4. Valuation Fees Charged according to the sevice provider (valuer).

5. Mortgage registration fees charged basing on the amount applied and rated charged by the registering institution.