Features and benefits

• Can be used for additional working capital.
• Medium term financing where the customer controls redraws with structured repayments.
• The minimum loan amount is M20,000 and maximum not to exceed 25% of turnover.
• The account can be linked to electronic channels.
• Not a substitute product for VAF or accommodation of external creditors (stress lending).

Requirements

• Cash-flow projections.
• Financial Statements.
• Bank Statements (new customer).
• Personal Statements (Members/Directors).

How to apply

Enquire from a Business Banker or your Relationship Manager.