Please read these terms carefully before applying for a loan
Last Updated: January 2026
Licensed by: Central Bank of Kenya
To qualify for a loan from Bervard Capital Solutions, you must:
2.1 Interest Rates: Interest rates range from 3.5% to 10% per month on a reducing balance basis, depending on loan type and risk assessment.
2.2 Processing Fee: A one-time non-refundable processing fee of 2% of the loan amount is charged upon disbursement.
2.3 Repayment Period: Loan periods range from 1 month to 48 months depending on the product type.
2.4 Late Payment: A penalty of 5% of the overdue amount will be charged for payments received after the due date.
3.1 All loan applications are subject to verification and approval by Bervard Capital Solutions.
3.2 We reserve the right to request additional documentation or information during the assessment process.
3.3 Approval does not guarantee disbursement; final approval is subject to meeting all conditions.
3.4 Processing time is typically 24-48 hours for complete applications.
4.1 Log Book Loans: The original vehicle logbook will be held as security. The vehicle must be comprehensively insured with Bervard Capital noted as the first loss payee.
4.2 You must maintain the vehicle in good condition and notify us of any accidents or damage immediately.
4.3 We reserve the right to repossess the vehicle in case of default after due notice as per the law.
4.4 SME Loans: May require business assets, property title, or personal guarantors as security.
5.1 You agree to repay the loan according to the agreed schedule without delay.
5.2 Repayments can be made via M-Pesa, bank deposit, or cash at our offices.
5.3 Early repayment is allowed without penalty and will reduce total interest cost.
5.4 In case of salary loans, you authorize your employer to deduct installments directly from your salary (check-off system).
6.1 Default occurs when payment is not received within 7 days of the due date.
6.2 We will issue a demand notice giving you 14 days to clear the arrears.
6.3 Persistent default may result in:
7.1 By applying, you consent to us collecting, processing, and storing your personal data.
7.2 We may share your information with CRBs, insurance companies, and regulatory bodies as required by law.
7.3 Your information is kept confidential and secured in accordance with the Data Protection Act, 2019.
8.1 For log book loans, comprehensive insurance is mandatory for the loan duration.
8.2 The insurance policy must name Bervard Capital Solutions as the first loss payee.
8.3 Failure to maintain insurance is a breach of contract and may result in loan recall.
9.1 We reserve the right to terminate the loan agreement and demand full payment if:
These terms shall be governed by and construed in accordance with the laws of Kenya. Any disputes shall be subject to the exclusive jurisdiction of Kenyan courts.
We reserve the right to amend these terms and conditions. Any changes will be communicated to you in writing and will apply to future loans.
For questions about these terms, contact us at:
Bervard Capital Solutions
Vision Plaza, Mombasa Road
Office Number 11, Nairobi, Kenya
Phone: +254 700 000 000
Email: info@bervardcapital.co.ke
By submitting a loan application, you confirm that you have read, understood, and agree to be bound by these Terms and Conditions.