Cim Finance is a leading provider of consumer credit in Mauritius.
The company started to offer credit facilities in 1987. Since then, it has developed into the largest financial institution to offer hire purchase facilities in Mauritius covering more than 550 dealers throughout the island.
Cim Finance, as one of the pioneers of the leasing industry in Mauritius, launched its leasing service offering in 1996. Over the years, the company has built up an extensive client base thanks to its service excellence which hinges around reliability, speed, flexibility and confidentiality.
The credit card activities of the company started in 2001 with the launch of a local credit card. This evolved into an international card in May 2005 when the company became the first and only non bank financial institution in Sub-Saharan Africa to issue a credit card with the MasterCard accreditation. Cim Finance now offers a full range of classic, gold, titanium and business cards. Recently, Cim Finance also signed an agreement with Visa for issuing and acquiring. It also offers card acquiring services through its own network of point of sales terminals.
Cim Finance has provided factoring (invoice discounting) facilities to its customers since 2004. These facilities are offered with or without recourse.
The company is also an established deposit taking institution and offers competitive interest rates for short, medium and long term deposits at variable as well as fixed interest rates.
The quality management systems of the leasing activities of Cim Finance were certified to ISO 9001:2000 standards in July 2007 and the quality management system of the whole company has been certified ISO 9001:2008 standards in April 2009.