Business Credit
SME Business Credit is a facility which enables you to borrow funds against the value of your existing property to finance your business expansion or growth. This unlocks the value that is tied up in property without the necessity of selling the property. Business Credit is also unique in that it enables you to combine both a loan and overdraft simultaneously if required.
The key features are:
- Minimum amount – UGS 35 Million
- Maximum amount – UGS 900M
- Minimum Tenor – 12 months
- Maximum tenor – 5 years
- Ratio of loan amount to value of property – 70%
Benefits
- High loan amounts for Small Businesses
- Quick turnaround
- Ease of application
- No financials
- Flexibility
- Access to other SCB world class solutions