Empowering Individuals and SMEs. Elevating Futures.
Wealth Craft Capital Ventures Limited is a Zambian non-bank financial institution established to bridge short to medium term financing gaps for individuals and SMEs.
For INDIVIDUALS
Salary Backed Loans
Wealth Craft’s core offering is salary backed loans provided directly to employees of partner organizations under formal agreements, with repayments deducted from salaries and remitted monthly by employers.
features of the Loan Product
We provide salary-backed loans to employees and staff members of companies and organizations with whom we have entered into Memorandum of Understanding Agreements. This loan product comes with several features designed for convenience.
Loan Amounts
Determined by the remuneration and benefits of the employee.
Interest Rates
The payroll lending interest rates are according to market averages.
Tenor
Maximum tenor of all loans is 18 months
Repayment Profile
Loans are paid back monthly, covering both interest and principal.
Refinancing
Clients can refinance after repaying 50% of the principal.
Turnaround Time
Wealth Craft has a turnaround time of 24hrs
trusted by
Wealth Craft major clients are employees of critically assessed employers. Currently, participating employers include:
for BUSINESSES
SME Financing
Wealth Craft is looking to grow and become a preferred Zambian SME financier, with branches in Lusaka, Kitwe and Solwezi configured to suit the financing needs of Small and Medium Enterprises (SME’s).
products to be launched
Wealth Craft Capital Ventures plans to launch several new products for Small and Medium Enterprises (SMEs). We aim to become a preferred financier for Zambian SMEs. We will offer working capital solutions, capital mobilization strategies and investment banking services.
Invoice Discounting
A 30 day working capital financing product provided to SMEs against the invoices issued to per-approved Off-takers.
Order Financing
A short term working capital facility, for a maximum period of 90 calendar days, to SME suppliers and manufacturers to enable them to undertake contracts and orders.
Bridge Financing
Designed to meet short term cash flow gaps created by mismatches between invoicing and delivery of goods and services covered by the contract.
Bills Discounting
Wealth Craft will discount payments for the supply of goods against post-dated cheques provided by the procurer of goods and services.
Payment Guarantees
Wealth Craft will provide a Payment Guarantee for a pre-agreed period, subject to conditions of the particular transaction.
Wealth Craft aims to help SMEs overcome capital mobilization challenges by facilitating capital raising for their growth. The firm will focus on deal origination, structuring, execution, and fundraising, leveraging its experience in investment and corporate banking to secure working capital, debt, and equity financing.
The Investment Banking division will raise medium and long-term capital through local and international debt and equity markets, with capacity to co-invest or underwrite deals. It will offers tailored, innovative solutions and advisory services on mergers and acquisitions, valuations, and corporate transactions.
Start Your Journey With Wealth Craft Capital Ventures
Join us and become part of a growing community of individuals and businesses. We are dedicated to empowering our clients to unlock new opportunities and create a lasting impact.
