We extend business loans, in the form of overdrafts or term loans, after detailed consultations with you.
This ensures that the facility given to your business is the most appropriate and cost-effective for its purposes. Loans and overdrafts are available in Uganda Shillings as well as in other major currencies.
Our relationship managers have in-depth industry sector expertise. They will assist you to structure a loan to suit your business needs. This allows you to spend less time on paperwork and more time on your business.
These loans are advanced to individuals/corporates and salaried employees with good business background and
repayment capacity for either purchase of motor vehicles or machines.
Maximum repayment period is 48 months
These loans are meant to help the client to acquire the desired insurance cover paying a small portion of the premium aid taking a loan for the balance.
The Bank tops up the amount paid by the insured and pays the gross amount directly to the insurance company and thereafter recovering the loan plus interest within the policy period.
The maximum tenor for each loan shall be ten (10) months
Guarantees shall include all forms of guarantee commitments issued by the bank, bid bonds,
advance payments guarantees, performance guarantees and financial guarantees
All guarantees shall have a fixed expiring date and amount
These facilities are offered to our clients to assist them meet their day to day working capital requirements
It would be running (operative) facility where a business will deposit its sales receipts and withdraw funds to the maximum limits of overdraft permitted.
Maximum tenure is 12 months but renewable on satisfactory performance after expiry of tenure.
This is intended to finance genuine trade bills (Bank shall obtain an assessment on the anchor client) and from time to
time approve a list of anchors with which bills/invoices can be obtained
These loans are basically advanced for the purchase of assets & the client may choose to pay through either equated or non-equated installments to suit the individual requirements.
Extended for financing specific transactions or projects
These loans are basically advanced for the purchase of assets & the client may choose to pay through either equated or non-equated installments to suit the individual requirements.
Extended for financing specific transactions or projects