This is a Short term loan designed to facilitate business expansion, re-stocking and settlement of business obligation. A maximum of 50 million shillings is accessible and is payable in 12 months.

Features:

• Access up to UGX 50 million
• Loan duration of up to 12 months
• Minimum existence for business – 6 months

Benefits:

• Business expansion opportunities
• Repayments tailored to suit customers’ trade cycle
• Flexibility in security requirement

What you need to get started:

• Projected cash flows statements for the business for at least 12 months
• Bank statement for the last 12 months
• Proof of Income e.g. tenancy agreements, contracts, LPOs etc
• Copy of title deed being offered as security
• Copy of Valuation report prepared by a firm of bank approved valuers
• Trading Licence
• Credit Reference Bureau (CRB) registration confirmation form or card