Small Business Loans

Urbanloanz Coop offer two low interest rate loans to assist with the start of a small business operation. The repayments must be paid daily from the day after the commencement of the loan and until the loan is paid back.

Under 5000 pesos Small Business Loan

These loans are for a maximum of 5000 pesos and will be calculated at 15 per cent and must be repaid daily.

Over 5000 pesos Small Business Loan

These loans are for a minimum of 5000 pesos and a maximum of 20000 pesos and will be calculated at 20 per cent and must be repaid daily until the loan is repaid in full.

Examples:

5000 pesos borrowed x 15% interest plus fees P350 = 6100 pesos = 190 pesos per day repayments for 32 days

5000 pesos borrowed x 15% interest plus fees P450 = 6450 pesos = 150 pesos per day repayments for 43 days

10000 pesos borrowed x 20% interest plus fees P450 = 12450 pesos x 200 pesos per day repayments for 63 days

10000 pesos borrowed x 20% interest plus fees P550 = 12550 pesos x 150 pesos per day repayments for 84 days