Frequently asked questions
Clear answers before you take the next step.
General guidance about the available services, application process, documents, assessment, and business-finance products.
Talk to our teamWhat financing solutions are available?+
The six core solutions are Salary Advance Loan, Emergency Loan, Ndinga Financing, Home Improvement Loan for Commercial Properties, Invoice Discounting/LPO/Contract Loan, and Working Capital. Company materials also feature a Vikundi Loan for organised groups.
Who can apply?+
Different products may suit employed individuals, entrepreneurs, SMEs, suppliers, contractors, commercial property owners, and organised groups. Eligibility depends on the selected product and assessment.
What documents may be required?+
Requirements vary by product and may include identification, income or employment evidence, business records, financial statements, invoices, LPOs, contracts, quotations, property information, or other supporting documents.
Does submitting an application guarantee approval?+
No. Applications are subject to assessment, eligibility, supporting documents, product availability, and the applicable terms confirmed by Union Financial.
How does invoice discounting work?+
It may help an eligible business access working funds against a confirmed unpaid invoice instead of waiting through the normal customer payment cycle. The transaction and documents must be reviewed.
What is LPO financing?+
It is intended for an eligible business with a valid Local Purchase Order that needs capital to purchase the goods or services required for fulfilment.
What is contract financing?+
It can support eligible mobilisation, labour, materials, equipment, or other execution costs connected to an awarded contract.
What is working-capital financing?+
It supports eligible short-term business needs such as inventory, materials, supplier payments, operating expenses, customer orders, and temporary cash-flow gaps.
Can financing support commercial property improvements?+
The commercial property product may support eligible renovation, office, retail, structural, interior, expansion, or modernisation projects.
Are interest rates, limits, and approval times published here?+
No. Those details are not stated in the supplied company materials and are therefore confirmed directly for the relevant product and application.
How can I contact Union Financial?+
Call 0776 852 852 or 0768 852 852, email unionfinancialtz@gmail.com, or use the contact page. The company is based in Dar es Salaam, Tanzania.
Need a personal response?