Revolving Line of Credit

This loan facility is suitable for intermediate and medium-term asset finance and is repayable over 36 to 60 months.

What it offers you

  • Can be used for  working capital
  • Medium-term financing where you control redraws with structured repayments
  • The minimum loan amount is  M50,000 and maximum cannot be more than 25% of turnover
  • Your account can be linked to our electronic banking channels
  • Not a substitute for vehicle and asset finance or accommodation of external creditors (stress lending).

 

 

 

What you need to apply

  • Cash flow projections
  • Financial statements
  • Bank statements (new customer)
  • Personal bank statements (Members/directors)

Speak to a Business Banker or your Relationship Manager.

 


Online Banking

Select your online banking platform:

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