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Business Working Capital Loan

Product Description

Payable over 3 months to 3 years Monthly equated installments Source of repayment: business cashflows
Tangible or intangible security required with support from higher authority

interest earned annually
Up To 0 %
minimum opening amount
P 0 .00
on interest earned
0 NO TAX

Product Features

  • Bridge working capital needs
  • Pricing aligned to segment

Pricing

  • Origination fee: 1.12%
  • SME clients: prime +7
  • Commercial clients: prime +5 SOEs, Central & Local
  • Government: prime +5
  • Non-governmental: prime +5

Entry Requirements

  • At least two (2) Directors as account signatories
  • Tangible or intangible security Business documents

Target Market

  • SME clients
  • Commercial clients
  • State Owned Enterprises (SOEs)
  • Central & Local Government
  • Non-governmental organizations

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