WHY MEDICAL FINANCING

Emergency medical expenses can take their toll on your finances. That’s where medical loans can help by providing you with the funding to stay healthy and happy.

If you have received overbearing hospital bills for medication, treatments, or procedures you may be left with bills  that’s more than you can afford. We are here to help give you options to cover these costs.

Medical Financing

CUSTOMIZE YOUR MEDICAL LOAN

We give you the flexbility to personalize your loan and choose the best option for your needs.

Apply for your Medical Loan
arrow&v
Choose your collaterals:

HOW IT WORKS

We allow you to borrow money with having to put up some type of collaterals.  Our medical loans are quick

and easy to get when all information and documents are provided.

The interest rates on Medical  loans are usually fixed, which makes budgeting easier. You usually get a payoff period of one to three years or longer. The longer your payoff period, the more interest you’ll pay.

LOAN OPTIONS

MEDICAL FINANCING

From 5.74%  to 10% Fixed Interest Rate

Frequently asked questions

Where does CI Medical Financing do business?


CI Medical Financing is also a direct lender based in Africa. Founded in 2018, CI Medical Financing offers access to medical loans in Togo. Is the country you need not listed above? Send us a message!




What are the APRs offered via CI Medical Financing?


CI Medical Financing offers a fixed APR personal loan product that ranges from 5.75% up to 10%.




Does CI Medical Financing charge an origination fee?


Yes, CI Medical Financing charges a loan origination fee of 3% of the loan amount. CI Medical Financing deducts the fee directly from your loan amount before recieving your money, so make sure you take this fee into account when deciding how much you need to borrow.




Does CI Medical Financing charge a late fee?


Yes, CI Medical Financing may charge borrowers a late payment fee of up to FCFA______




Does CI Medical Financing charge prepayment fees?


No, CI Medical Financing does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.




How much can you borrow from us?


Loan amounts start at FCFA 5,000 and go up to FCFA 1,000,000.




What is the maximum loan term you can get?


We offer medical loans with terms ranging from 3 to 48 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.




What do you need to qualify for a loan?


The minimum age to apply for a loan is 25, whichever is higher. To qualify for a Loan, applicants need a minimum annual income of FCFA_______ or higher. We only considers borrowers who are employed and meet the minimum income requirement. To qualify, applicants may need to provide the following documentation: Applicants must have an active and valid checking account Collaterals Proof of income




What is the estimated funding time for a medical loan?


We will typically approve (or deny) a loan application within 24 hours and fund personal loans within 3 business days of approval.





Copyright©2020 CIF Health. All Rights Reserved