Autofand Finance is dedicated to providing convenient and accessible lending solutions to both the general public and companies. Our installment loans are designed specifically for companies that want to offer their employees a seamless and secure way to access funds. Here’s everything you need to know about our installment loans:

What are Installment Loans?

Installment loans are a type of loan that allows borrowers to receive a lump sum of money upfront and repay it over a set period through regular monthly payments. These loans are structured to provide flexibility and ease, making it simple for borrowers to manage their finances and repay the loan without any hassle.

Key Features of Our Installment Loans

1. APR of 20%: Our installment loans come with an Annual Percentage Rate (APR) of 20%, offering competitive rates that ensure affordability for borrowers.

2. Company Security through MOU: The security for these loans is guaranteed by the company signing a Memorandum of Understanding (MOU) with Autofand Finance. This agreement ensures that employees who apply for loans will be credited with the amount they request, and the company will be responsible for remitting the monthly repayments directly to us.

3. Employee Benefits: Employees benefit from the convenience of having their loan applications processed quickly and receiving funds directly into their accounts. The MOU simplifies the repayment process, as the company handles the monthly deductions and remittances.

4. Seamless Process: The entire process is designed to be efficient and straightforward. From applying for the loan to receiving funds and making repayments, everything is managed through a secure online platform, ensuring a hassle-free experience for both companies and their employees

1. 1. MOU Signing: Autofand Finance signs an MOU with the company, outlining the terms and conditions of the installment loans.

   2. Loan Application: Employees of the company apply for the loan through our online platform. The requested amount is processed and credited to their accounts upon approval.

   3. Monthly Repayments: The company deducts the agreed installment amount from the employee’s salary each month and remits it directly to Autofand Finance.

   4. Transparency and Accountability: Our transparent process ensures that both the company and employees are fully informed about the loan terms, repayment schedules, and any other relevant details.

   Why Choose Autofand Finance?

   • Reliability: As a trusted lending institution, we are committed to providing reliable financial solutions that cater to the needs of both companies and individuals.

   • Convenience: Our 90% online operation ensures that you can access our services from anywhere, at any time, making the lending process convenient and efficient.

   • Expansion and Accessibility: With our headquarters in Lusaka, Zambia, and plans to expand our physical presence in several provinces, we aim to make our services even more accessible to a broader audience.

   Autofand Finance is here to support your financial needs with our flexible and secure installment loans. If you are a company looking to offer your employees a reliable loan option, get in touch with us today to learn more about our services and how we can partner with you for mutual growth and success.