Get 80% of Your Salary Upfront within 24 hours of applying.
The Refuge Salary Advance Scheme (SALAD) offers you the needed funds to meet your urgent personal financial obligations such as house rent, school fees, hospital bills, traveling expenses, burial expenses, etc. You have control over the spending.
Time is of the essence, as we know you might want to use funds for emergencies. The money is disbursed within a few hours of applying for the loan, without much paperwork, helping you navigate unforeseen circumstances with ease.
Convenience and Flexibility
We have made this stress-free, flexible, and convenient for you. You can choose the amount that suits your needs and you decide how to spend the advanced funds, allowing you to prioritise your needs and pay when you are paid.
Responsible Borrowing
Unlike traditional loans, SALAD avoids the burden of high interest rates and long repayment terms. You only repay a portion of your upcoming salary, promoting responsible borrowing and preventing debt accumulation.
More Beneficial Products
Rent to Own Advance Product
Rent to Own Advance is a consumer loan product targeted at employees of structured organizations in the private sector and NGOs of the economy whose salary accounts are domiciled with Refuge Mortgage Bank to access funds to their dream house and pay over a period.
Refuge School Building and Rent Finance empowers schools to expand, acquire property, and meet rental needs.
We work with school owners to expand, buy up the buildings or pay rent. These loans can be paid back within a year for ‘rent’ and up to two years for ‘purchase’ at attractive interest rates.
This product helps finance renovations and upgrades on residential and business premises. It can equally be accessed to enhance the interior of individual residences. This includes the acquisition of household items.
