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Start Borrowing (steps)

Register

  • Go to the registration log-in plug and click join.
  • Accept Terms and conditions form acceptance at this point(pop-up to be displayed)
  • Confirm your identification details i.e. ID number, Company certificate of incorporation or business name, PIN number of the company and directors, current CR12, CRB report, Tax compliance certificate, memo and articles of incorporation, AGPO certificate (please note no copies allowed)
 

How Much?

  • Confirm the amount that you are interested in financing (not less than 50k and no upper limit)
  • Await verification from the administration on approval to be registered and an oral interview (takes three days)
  • Pay annual subscription fee
 

Open A Bank Account

  • Open a business account with Credit Bank Ltd.
  • Upload your LPOs or invoices for financing
  • Await confirmation of funds raised and all payments to be disbursed to the supplier.
 

Get your Funds

  • Deliveries to be carried out with the Marks Rate team
  • Customer supplied to confirm all payments to be routed to CBL At the end of the period funds will be paid back to the account and profit forwarded

Start Raising Funds

Interest Calculator

Return on Investment

  • Interest based on 30 days cycle irrespective
  • Based on payment cycle interest will be computed for a full month
  • Commission to Marks Rate pegged at 15% of interest computed

Interest of Funding

  • Interest based on 30 days cycle irrespective
  • Based on payment cycle interest will be computed for a full month
  • Commission to Marks Rate pegged at 1% of amount funded

Based on Risk Value

Return on Investment

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Marks Rate connects sensible borrowers with people who want to invest their money on genuine business ventures for a reasonable rate so both can get a better deal. we focus on being fair, transparent and honest. These values not only make us proud of the way we treat our customers, but also help us to set a new standard in financial services.