Momentum Credit was founded in March 2017 with purposeful intent to meet an overwhelming market need of providing structured working capital solutions to Individuals and Small Medium Enterprises (SMEs).
Momentum credit Loan Products
Momentum credit Invoice Factoring
Invoice Factoring is a business financing facility where businesses are able to sell their outstanding invoices to a Factor so as to get a cash advance of up to 85% of the invoice value within 24 hours.
The Factor, in this case, Momentum Credit, takes the responsibility for waiting on the invoice payment for up to 90 days, while your business benefits from the fast cash injection to boost your working capital.
Momentum credit Logbook Loans
Logbook Loans (“LBL”) is a form of financing, whereby the loan advanced is secured against the borrower’s motor vehicle.
We can lend up to KES 5,000,000 to help you unlock trapped cash in your car within 24 hours to help meet your personal and business financial needs without selling your car!
We lend up to 50% of the car’s value.
Momentum Credit Advance Payment Guarantees – Bid Bonds
Momentum credit provides guarantees that unlock the potential to tender while considering the customers need for convenience and speed. We have no maximum transaction limit and issue all of our guarantees through Public Procurement Authority (PPOA) approved banks.
Our products include:
- Bid Bonds
- Performance Bonds
- Advance Payment Guarantees
Momentum credit Contacts
Momentum credit international House, 9th Floor Mama Ngina St, Nairobi
Office Line: +254 796 444 555 | Customer Support +254 709 434 000
P.O Box 29175 – 00100 Nairobi
Momentum credit branches
Thika Branch
Kigoshi Plaza, Ground Floor – Kenyatta Highway Tel: 0742 501 557
Mombasa Branch
Jubilee Insurance Arcade- Ground floor,Moi avenue Tel 0757650797
Nakuru Branch
Longonot House,1st Floor- Kenyatta Ave, Tel: 0758 761 180
Kitengela Branch
Kitengela Mall, 3rd Floor. mobile no 0740616429
Kisumu Branch
Central Square, 2nd Floor – Oginga Odinga Street, Tel:0748 726881