Support Loan
Loan to support existing clients in maintaining business liquidity.
Support Loan helps existing clients in maintaining business liquidity with a loan size of 50% of running group loan, with a 3% monthly service charge. The loan term is flexible, and repayment is structured in equal monthly installments over the agreed period
Features
- Loan size: 50% of running group loan
- 3% monthly service charge
- Repayment in equal monthly installments over the loan term
- Flexible loan term
- 30 days grace period
Benefits
- No collateral required
- Enhances business liquidity
- Flexible loan term
Documentation
- Duly completed application form
- 2 guarantor
- 4 recent passports-size photograph with white background
- A valid means of ID (national ID, driver’s license, voter’s card or international passport)
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