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
Need more help?
Call us on:
(+248) 438 3939
Chat to Abby on WhatsApp:
(+248) 252 1878
Email us:
customerservices.sc@absa.africa