Working Capital
This loan facility is suitable for working capital and shorter financing requirements of your business, repayable in instalments of between six and twenty four months.
Features and benefits
- Can be used for short term Working capital.
- Structured financial planning based on cash-flow.
- The minimum loan amount is M20,000 and maximum not to exceed two and a half months of turnover.
- The account can be linked to electronic channels.
- Not for consolidation of debt and/or settlement of creditors.
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.
Customer care
Tel: (+266) 22212000