Faq

Question and answers for our services

Loan questions

What loan products do you offer?
Speeda has a wide range of loan products to choose from. They include: Personal Loans, Buy & Pay Later Loans, Commercial Loans, Asset Financing Loans, Group Loans, City Flexi Loans, Emergency Loans, among others.
How long does it take me to access a loan from you?
Your regular monthly repayment/Installment depends on the approved loan period and loan amount (The longer the loan period, the less the loan Installment).
How often am I required to pay back?
Loan repayments depend on the loan type and loan period. Please refer to our loan products for details.
How much loan amount can you give me?
Our loan amounts range from Shs. 100,000 to 40 Million depending on the capacity of the borrower and type of loan you applied for
What securities do you require for the loans?
Depending on the loan amount, securities can be tangible assets like land titles, car logbooks, etc..
Can I get another loan when I am serving another loan?
That is possible. It can be considered as a top up or special loan. Find out about Energy Loans here
Can you restructure loans in case of repayment issues
Depending on the nature of issue, a loan can be restrcutured. To get more details, you neeed to talk to the loan account manager or contact us.

Business Advisory

Which currencies do you accept ?
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What is the product TechLine ?
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Is health insurance included ?
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Health insurance include smoking problems?
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Technology Consulting

Exactly what is Business Advisory
Business advisory services focus on strategising for the success and growth of a business. Speeda advisors are a hybrid of business coaches, mentors and accountants
Speeda Finance’s business advisory is the service of choice to assist SMEs, MFIs, SACCOs, and investment clubs across Africa
What makes Speeda's Business Advisory services Unique ?
Our custom-tailored business advisory services aid organisations to transform, grow and work smarter. We focus on helping our clients improve the way they operate; innovate and grow; reduce costs; manage risks; leverage talent; and improve the way they do business
How much does your Business Advisory Service cost ?
Speeda finance offers a custom-fit services. This means no two clients will have the exact same problems. As a result, a single quotation can't be made for services. However,contact us now and we shall respond with a detailed proposal.
Will you come to customer's office or are the services at your office ?
Speeda offers both online and physical training modes. Programmes can be conducted either at the customers' location or the Speeda training facilities.

MFI Training

What does the training cirriculum involve ?
Our MFI training services offering ranges from training of staff in business and accounting disciplines to ICT training. To view the details, please visit our training page.
Why is training important?
One of the key reasons why microfinance institutions fail to grow to their full potential is the lack of skilling and training. At Speeda, we recognize this as a serious challenge that is impacting further financial inclusion in Africa.
Which software systems can you provide user training in ?
Speeda Finance can provide training in a number of MFI software systems like Temenos, as well as our in-house Lending System.
How is the training delivered ?
Speeda Finance delivers its training programme via a combination of physical and remote learning platforms. This means clients can choose between self-paced learning and a group course that all attendees can attend at the same time.

Other Questions

Which countries do you operate in ?
Speeda Finance is registered and incorporate in Uganda. At the moment, we operate only in Uganda
Do you have a 24/7 customer support team ?
While our physical branches are only open during working hours, our online platforms are open 24/7
You can contact us by phone, email and via our social media pages at any time of the day or night and we shall get back to you.
Are you licensed in the countries you operate in ?
Speeda Finance is registered and incorporate in Uganda. We are fully licensed by Bank of Uganda to operate in Uganda.
In which currency currency do you disburse loans?
At the moment, Speeda operates only in Uganda. As a result, we can only provide loans in Ugandan Shilllings. However, as Speeda grows and expands accross East Africa, other currencies will be added.