Know Before You Apply

Get fast clear answers to key questions about our loans, requirements, and process.

How long does it take to process the loan?

Once you submit your application and documents, a BYD loan advisor will respond within 2 working hours. If everything checks out, your funds are disbursed quickly often within the same day.

What security do I need to get a loan from BYD?

It depends on the loan type. Some loans require logbooks or land titles, while others—like personal or side hustle loans—may not need collateral. We’ll guide you based on your situation.

How much loan amount can BYD give me?

Loan amounts range from UGX 2 million to UGX 300 million, depending on the product you choose and your eligibility. We tailor each offer to your needs and repayment ability.

What are the requirements to get a loan from BYD?

You’ll need a valid ID, proof of income or business activity, and supporting documents based on the loan type. Our team will walk you through everything—no guesswork, no hidden steps.

What other services does BYD offer?

Beyond loans, we offer financial guidance, flexible repayment plans, and support for both formal and informal businesses. Whether you’re scaling up or handling a personal need, we’re here to help.

Can I repay via mobile money?

Yes. You can repay through mobile money or bank transfer—whichever is easiest for you. We’ll send reminders and help you stay on track.

What happens if I miss a payment?

We understand life happens. If you’re facing delays, talk to us early. We’ll work with you to adjust your plan and avoid penalties where possible.

Businesses love BYD Credit

Real stories from real businesses—see how fast, flexible financing helped them grow with confidence and clarity.

Joseph

Wholesale Distributor, Kampala

I run a wholesale shop in Kikuubo. When I needed to restock ahead of the Christmas season, BYD Credit helped me use my company vehicle logbook to get a loan. The money came quickly and I didn’t have to park the car. We hit our targets and kept moving.

Esther

Small factory owner, Luzira

We make cleaning products in Luzira. I used our land title to get a loan for new equipment. The process was smooth and the team explained everything clearly. We didn’t lose the land and production has gone up since.

Grace

Logistics manager, Nakawa

We manage a transport business with several trucks. BYD Credit allowed us to get a loan without grounding any vehicles. That flexibility helped us stay on the road and keep our contracts.

Peter

Contractor, Kyambogo

I had a big job coming up and needed materials fast. I used my land title to secure a loan. The money came in time and I didn’t have to sell anything. That kind of support is rare."

Agnes

Bakery owner, Ntinda

We bake and deliver across Kampala. I used our business van logbook to get a loan for packaging and delivery upgrades. The funds came quickly and we didn’t lose access to the van. We’re now serving more clients than ever.