Loans & Advances

If you need money to cover an unexpected expense or to make a major purchase or investment. We have a range of products for your borrowing requirements. These include: 
Fixed term loans:

  • Building Loans/ Mortgage  
  • Car Loans 
  • Personal Loans 

Features

  • Repayment is by a fixed periodic installment over an agreed period of time. 
  • Highly competitive interest rates.
  • Customer can always apply for refinancing prior to maturity. 
  • Customer can make part payments and / or full settlement before maturity 

Overdraft

Flexibility whenever you need it 

  •  Allow customers to withdraw funds beyond the credit balance in their accounts for a specified period. 
  • Time period not exceeding twelve months. 
  •  Overdrafts allow flexibility in repayment and interest charges are only on the amount overdrawn. 

Requirements

  • TIN Certificate

  • Purpose of the facility

  • Cash flow projections to cover the proposed repayment period

  • Management profile

  • Company profile

  • Audited Financial Statements

  • Market information indicating main suppliers, client product lines and competitors

  • Collateral