Introducing Partial Repayment: Greater Flexibility for Shekel Mobility Dealers
Shekel Mobility (YC W23)
Africa's next mobility fintech unicorn focused on empowering entrepreneurs in the dealership market
We are excited to announce the launch of our new Partial Repayment feature, designed to provide greater flexibility and convenience for our valued auto dealership partners.
What are the Key Benefits of Partial Repayment?
Instalment Payments: Dealers can now repay their loans in parts instead of waiting to gather the full amount, allowing for a more manageable cash flow.
Dynamic Restructuring: Each partial payment automatically adjusts the loan structure, ensuring a seamless and efficient process.
Weekly Interest Calculation: Interest will be recalculated weekly based on the remaining balance after each installment, providing transparency and fairness.
Here’s How Partial Repayment Works
To take advantage of this new feature, log in to your Shekel Mobility account and navigate to the "Repayment" section. You can easily make partial payments towards your outstanding loan balance from there.
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The system will automatically adjust the loan structure and recalculate the interest based on the remaining amount. This flexibility allows you to manage your finances more effectively and focus on growing your dealership.
As always Shekel Mobility is committed to empowering Auto Dealers by providing comprehensive solutions that enable auto dealers to thrive in today's competitive market. With the new feature of Partial Repayment, Shekel Mobility continues to evolve and adapt to the needs of our partners.
Get Started with Partial Repayment
To start using Partial Repayment, simply login to your Shekel Mobility account. You don't have an account, sign up here.
We are committed to empowering your success and look forward to witnessing the growth of your dealership with this new feature.
If you have any questions or need further assistance, please don't hesitate to contact our dedicated support team at +234-703 -381 9392 or +234 909 233 8000. or Email: [email protected].
Thank you for being a part of the Shekel Mobility family. Together, let's drive your dealership to new heights.