credit - Oracle Infrastructure Financing
Oracle Infrastructure Financing
The Oracle infrastructure financing credit facility seeks to help you to acquire financing for the Oracle Hospitality Solution.
- Eligibility
Existing Pesapal merchants transacting for over 6 months. Active businesses using the Pesapal platform for card payments, POS, online sales, or Openfloat for at least 6 months.
- Maximum loan amount
You can qualify for up to 70% of the total amount of the system, software and installation.
- Application fee
1.5% of the loan amount charged per application.
- Repayment period
1 month.
- Insurance fee
1%
- Interest charged
4% per month on a reducing balance.
- Security
No collateral requirements.
- Disbursement
Direct deposit to your bank account or Openfloat account. Provides flexibility for receiving funds in the most convenient way for your business operations
- Loan repayment
Flexible periodic repayments automatically deducted from your transacting business account.
