- This loan is intended for small entrepreneurs who needed some working capital for their small business.
- Extended only to small - medium-sized enterprises. These loans are tailor-made to suit the needs and requirements of SMEs...
- The purpose of SME Loan is to provide a single line of credit for meeting the borrowing needs of SME.
- Loans are fully secured.
- Quick turnaround time.
- Qualifying amount: depend on your business
- Short term in nature
- Competitive interest rates - market determined at the time of drawdown.
- Minimum turnover set by the company from time to time.
- Company needs to have operated for at least 1 year
- A business proposal together with completed SME credit application form
- Cash flow projections for the next 12 months