SME Business Loan
It can be very financially challenging for small-medium entrepreneurs to get their business off the ground. This is why My Bucks SME loans were designed to help you have access to credit facilities in the form of an overdraft or a loan. Who can apply? - Any Small Medium Entrepreneurs - A client with a strong financial position to support the loan been sought - Client with tangible security
Terms & conditions of loan
- Applicants are required to have a Centenary Bank Limited account for at least 3 months
- Mandatory credit life insurance.
- Collateralized by property with title documentation
- Insurance on collateral
- Maximum tenor of up to 36 months
How to apply
- Projected cash flows.
- Credit reference bureau report.
- Debtors age analysis.
- Latest management accounts from the business.
- Latest valuation Report for the property to be pledged as collateral.
Enter Amount you would like to borrow for the SME Business Loan
MK 50k
MK 100MM
Loan
Borrowing MWK
For
Loan
SME Business Loan
Cost/Monthly Payment
MK 0
Status
25%