Who qualifies?
- Education institutions that have partnered with Educate and intend to undertake any activity for the benefit of the school and quality of education provided to the pupils.
Enjoy:
- Tailor made loans to match the intended use of funds
- Payment into designated account(s) of the School’s choice
- No account opening required
Requirements:
- Application letter stating funds required and proposed use
- Financial statements
- Latest six months bank statement
- Letter from trustees authorizing loan application
- Standing instruction or stop order with School’s bankers for loan repayments
- Hypothecation of movable assets and/or school fees and other financial receivables