In the dynamic world of private education, financial stability is crucial for seamless operations. Schools often face cash flow challenges, particularly during holiday seasons when school fee collections slow down. To bridge this gap, Mint Credit Limited offers a tailored solution: Private Schools Short-Term Financing—a fast, flexible, and convenient loan product designed to keep schools running smoothly.
Why Choose Mint Credit’s Private School Loan?
Mint Credit understands the financial constraints private schools face and provides a solution that ensures uninterrupted operations. With over 50 partner companies, 5,000+ active clients, and more than Ksh 100 million in disbursed loans, Mint Credit is a trusted financial partner for businesses and individuals.
This financing option offers:
✅ Unsecured loans up to Ksh 300,000
✅ Quick approval and disbursement within 24 hours
✅ Competitive interest rate of 10% per month (on reducing balance)
✅ Flexible repayment period of 1 to 5 months
✅ No penalties for early repayment
Key Features & Loan Charges
- Processing Fee: 4% of the loan amount, deducted upfront
- Excise Duty: 20% of the processing fee
- Insurance Cover (0.55% p.a.): Provides coverage for death, permanent disability, and critical illness
Who Can Apply?
To qualify, a private school must:
✔️ Be operational for at least three years
✔️ Have a valid Ministry of Education certificate
✔️ Provide six months of bank statements from the school fee collection account
✔️ Have an MOU with Mint Credit for check-off loans for staff
How to Apply
The process is simple and fast:
1️⃣ Visit www.mintcredit.co.ke and select “Private Payroll Loans”
2️⃣ Fill out the online loan application form
3️⃣ Submit the required documents
4️⃣ Get approved and receive funds via M-Pesa or Bank Account
Partner with Mint Credit Today!
Private schools no longer need to struggle with financial uncertainty. With Mint Credit’s Private School Short-Term Financing, schools can maintain cash flow, pay salaries, and handle essential expenses efficiently.
📞 Contact Us:
📍 Location: 7th Floor, Trance Towers, South B, Nairobi
📧 Email: [email protected]
📞 Call: 0799 555 333 | 0799 230 970 | 0113 556 295