Business term loan
Effectively budget for all your cash flow seasons with a business loan that keeps your repayment terms consistent. A Business Term Loan is a customised loan for a fixed term and is repaid over a period of up to five years with predetermined monthly or quarterly instalments.
Some of the benefits
Business Growth
Financing of long-term fixed assets and business growth
Instant Capital
Get immediate access to funds as it is paid directly into your business bank account
Tailored payments
For monthly repayment, we offer equal monthly instalments to make it easier to plan effectively
Affordable interest
Linked to Prime Interest rate.
What you get
- Financing of long-term fixed assets and business growth
- No need to take money out of your business for long-term investments
- For monthly repayment, we offer equal monthly instalments to make it easier to plan effectively
- No minimum or maximum loan amount
- Loan term of up to five years.
How it works
- You need a business account to qualify for a Business Term Loan
- Monthly repayments for capital and interest are fixed
- Interest is linked to prime lending rate, which means that when interest rates go down, so will your interest payment
- The interest rate changes affect your repayment term, not the monthly amount
- The minimum term is 12 months
- The maximum term is 60 months
What it costs
Once-off Arrangement fee: 1.1% of your approved limit
Personalised interest rate: Prime + 6
How to get it
- Speak to your relationship manager
- Send us a Call me back
- Email us at: [email protected]
- Call us on +267 3987820
- Or speak to us at your nearest branch
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What you get
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How it works
-
What it costs
-
How to get it
- Financing of long-term fixed assets and business growth
- No need to take money out of your business for long-term investments
- For monthly repayment, we offer equal monthly instalments to make it easier to plan effectively
- No minimum or maximum loan amount
- Loan term of up to five years.
- You need a business account to qualify for a Business Term Loan
- Monthly repayments for capital and interest are fixed
- Interest is linked to prime lending rate, which means that when interest rates go down, so will your interest payment
- The interest rate changes affect your repayment term, not the monthly amount
- The minimum term is 12 months
- The maximum term is 60 months
Once-off Arrangement fee: 1.1% of your approved limit
Personalised interest rate: Prime + 6
- Speak to your relationship manager
- Send us a Call me back
- Email us at: [email protected]
- Call us on +267 3987820
- Or speak to us at your nearest branch
We also offer
Business current account
Run your business with a business current account that lets you manage your money and transact 24/7 from your Online Banking, with access to secure electronic transfers, pre-paid purchases and payments, and allows you to boost your business’s cash flow with tailored business lending solutions.
Commercial property loan
This is a medium to long – term facility used to buy property for rental. The product also allows for release of equity from existing completed commercial property. Commercial property includes offices, shopping centres, mixed use and industrial properties as well as residential properties that are leased to third parties.
Vehicle and asset finance
Our Vehicle and Asset Finance unit offers financing under a finance lease to buy vehicles and other movable assets and equipment such as trucks, cars, buses, earthmoving equipment and generators.