Situ Credit is a non-deposit-taking Micro Finance lending company registered under the Company’s Act. It was founded in 2015. Situ has since grown to become a trusted name in short-term and long-term lending with a key focus on financing SMEs. Situ’s main objective was to broaden credit access by simplifying the processes and collateral requirements for loan applicants. Through a customized credit scoring mechanism, applicants are only required to have their car logbook as collateral and some proof of ability to re-pay. Besides logbook loans, Situ provides other classes of loans including car financing, invoice discounting, LPO financing, and Insurance Premium Financing.
