Business Term Loan
A Business Term Loan is a relatively simple way of securing a loan for any period from 2 to 7 years repayable in equal monthly instalments.
What does it offer me?
A Business Term Loan may be used for the following:
· To buy fixed assets, such as property, plant and equipment
· Refurbishment and alterations
· To buy a new business
· The minimum loan amount is M50 000 and there is no maximum
· Your account can be linked to our electronic banking channels.
What do I need to apply?
Speak to your Business Banker or your Relationship Manager.