Working capital loan

This loan is suitable for working capital and shorter financing requirements of your business, and is repayable in instalments for between 6 and 24 months.

What does it offer you?

  • Can be used for short-term working capital
  • Structured financial planning based on cash flow
  • The minimum loan amount is M50,000
  • Maximum cannot be more than two-and-a-half months’ turnover
  • Your account can be linked to our electronic banking channels
  • Cannot be used to consolidate debt and/or to pay creditors.

 

What do I 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.


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