Corporate Loans and Overdrafts

The Corporate Loan can be accessed for:

• Working capital financing
• Purchase of fixed assets such as land
• Purchase of current assets such as stock, machinery, equipment, vehicles etc.

Repayable by monthly or *periodic installments of principal and interest on the reducing balance.
*dependent on the type of industry

The Overdraft can be accessed for working capital requirements. Subject to an annual review.

• Rates are dependent on the industry type and collateral offered.
• Application Fee:
• Front end fee of ½% of requested loan amount. Deposit of 50% (non-refundable) to be made as a condition of the requested loan appraisal.