Fund large business assets at competitive interest rates, secured on any suitable asset
  • Get a loan of up to SCR1 million
  • Repayable over 1 to 5 years
  • Offered either in rupees or foreign currency
  • Maximum term of 8 years
  • Grace period of up to maximum 24 months
  • Interest rate is calculated as the sum of prime lending rate (base rate) currently 9.5% plus a margin
  • Securities can range from charge over property, general floating charge, personal and corporate guarantees
  • Offers a wide variety of applications such as construction of buildings and purchase of assets and properties

Let us contact you

  • Documents required

    • Audited accounts
    • Business plan
    • Company documents
    • Cash flow projections
    • Valuation report
    • Planning approvals
    • Promise of sale
     
Need more help?

Call us on:
(+248) 438 3939

Chat to Abby on WhatsApp:
(+248) 252 1878

Email us:
customerservices.sc@absa.africa