Housing Finance Bank gives schools package to “Get Ready For The Learners”

Now that Schools have officially opened, Housing Finance Bank has availed new exciting products to schools with financial solutions and banking services to enable have the smooth return of students.

Under the campaign code named, “Get Ready For The Learners”, Housing Finance Bank is helping the core stakeholders in the Education sector, like school owners, administrators, staff, parents and students (Learners).

The Education sector players face several challenges including but not limited to deficiency of working capital for school owners majorly while transitioning from the holiday into the school term, operational capital during the school term, transportation of learners to and from school, and the historical barriers that hamper teachers from accessing credit facilities.

As a good financial partner, Housing Finance Bank has come up with solutions to address such challenges.

The solutions include but not limited to Bridge financing, where institutions would  access up to UGX 200M to cater for a  short-term working capital needs and operational costs, repayable in three to six (3-6) months. Vehicle and asset financing for the institutions’ asset acquisition needs with an offer of up to 90% financing for Brand-new assets.

That’s not all, Housing Finance Bank is also offering salary loans and incremental housing solutions to teachers to enable them meet their personal obligations and build their own houses. To parents, the bank is offering convenient school fees payment options through the School Pay platform that enables school fees payment through multiple channels including Housing Finance Bank (HFB) branches, HFB Mobile Banking App and through authorized bank agents.

To ease the burden of school fees for parents, the bank also rolled out a Salary loan Campaign dubbed “Make 2023 your year in 48 hours.” The 90-days campaign allows customers to enjoy unsecured Salary Loans of up to UGX 350M in just 48 Hours (2 days) with flexible repayment periods of up to 84 months at interest rates of as low as 17.5% per annum. However, the solution also takes up loan buyouts at zero fees.

In this regard, Housing Finance Bank calls upon school owners, teachers, and parents to take advantage of this 90-day offer to meet their financial obligations in  a record time. All those Interested in the offering should reach out by visiting any Housing Finance Bank branch, call our 24/7 call centre on toll-free number 0800211082, send a Whatsapp message on 0771888755 or send an email to info@housingfinance.co.ug or visit housingfinance.co.ug