Revolving Short Term Loan

This is a short-term loan used to buy stock for your business.

Key Features and Benefits

  • Ability to structure loan to the specific business cycle
  • Allows business to manage stock effectively
  • Disbursements usually done against invoices from suppliers

Requirements

  • Business Registration documents
  • Insurance on stock
  • Bank statements from other banks
  • Financial statement and cash flows
  • Accepted collateral includes but not limited to : Tittle Deed Property, cash or investments and bank guarantee from a reputable credit bank
  • Favorable credit Bureau report
  • Other requirements/ documents may be requested subject to specific borrower conditions

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