Any business that engages in credit transactions; As long a the buyer of the Good/service has been approved and Momentum is able to confirm with your buyer that the good/service has been provided and invoice is due for payment.

Your limit is determined by the size of the business you have, Minimum invoice amount is KES 50,000.

There is a once off on-boarding charge of KES 30,000 that is recovered from the first invoice that you Factor. Interest for each invoice factored is calculated based on the number of days between when invoice is Factored and the maturity date of the invoice.

We finance up to 85% of the invoice amount, depending on credit days contained in the invoice.

Facility is extended for a 12 month period but is reviewed periodically depending on business need.

Up to 90 days.

Less than 7 days.

We advance money within 24 hours of receipt of an invoice and its supporting documentation.

We build up escrow reserves for each client to safeguard all parties from such an event.

The facility is unsecured. No property is required to cover the borrowing.

Through a Momentum Credit nominated joint account, in which all called invoices should be paid to

It is the client’s responsibility to collect invoices within the stipulated terms of trade. Momentum Credit shall only get involved once payment is late.

Yes. All customers must be pre-approved before processing any invoices.