Business Advance

We understand that you need the right funding levels to match your business aspirations for growth. That is why the Business Advance package offers access to short, medium and long-term funding for both today's overheads and tomorrow's growth.

• Minimum loan amount – US$ 20,000 (Ugx 36m)
• Maximum loan amount – US$ 500,000 (Ugx 900m)
• Minimum tenor – 12 Months
• Maximum tenor – 5 years
• Competitive Interest rates
• Loan to value of up to 75%.
• Method of repayment – monthly principle and interest
• TAT – maximum 14 days

Product benefits

• Flexibility, convenience & limited bureaucracy (No audited books of accounts needed)
• Fast TAT of less than 14 days
• High loan amounts of up to US$ 500,000 (Ugx 900m)
• Long tenor – over 5 years

To access the Business Advance , you require the following;

• Account opening form.
• Proof of residence and identity for new to bank customers.
• Application form completed by the customer.
• Bank statement – 12 months.
• Land title – copy.

We look forward to serving you!

For more information, simply call our SME Banking Hotline at  +256 414340077 / +265 312294444 or send us an email on Ug.Service@sc.com to leave your information. Our Dedicated Relationship Managers will be in touch as soon as possible.