Working capital loan
This loan is suitable for working capital and shorter financing requirements of your business, and is repayable in instalments for between 6 and 24 months.
What does it offer you?
- Can be used for short-term working capital
- Structured financial planning based on cash flow
- The minimum loan amount is M50,000
- Maximum cannot be more than two-and-a-half months’ turnover
- Your account can be linked to our electronic banking channels
- Cannot be used to consolidate debt and/or to pay creditors.
What do I need to apply
- Cash flow projections
- Financial statements
- Bank statements (new customer)
- Personal bank statements (Members/directors).
Speak to a Business Banker or your Relationship Manager.