SME Loans
These are different short to medium term loans for Small and Medium Enterprises to meet varying financing needs including -working capital, asset acquisition, projects, business expansion, manufacturing, commerce, etc.
Features
- Less cumbersome procedure
- Flexible amounts to meet the needs of all levels of businesses
- Quick Turnaround time
- Term: Up to 60 months
- Competitive interest rates
- Flexible repayment terms
Requirements
- Identity and proof of address of directors or promoters
- Identity and proof of address of entity
- Board Resolution
- Company Registration documents
- Audited Financial statements for the last 3 years
- For non-customers, six (6) months bank statement would be required
- Non-account holders must meet our account opening requirements
- Security may be required