Stock Medium Term Loan
Increase the size of your stock or inventory with our Stock Medium Term Loan. With more stock you will confidently handle more customer orders and grow your business. This loan facility comes with a fixed repayment schedule.
Features
- Repayment spread over an extended period to match the customer’s cash flow
- Medium term financing with tenure over 12 months and not exceeding 3 years.
- It’s a form of equity finance.
Basic Application Requirements
- Copy of the statutory documents (Statutes/Memorandum of Association and Articles of Association, Certificate of registration or a copy of identity card for individuals)
- Financial statements for 3 consecutive years (Balance sheet & Income statement) if it has been in operation. For the start ups we require opening balance sheet and income statement forecast.
- Cash flow projections for the period of the facility.
- Tax clearance certificate from the RRA no more than three months old
- Proposed security and its valuation report.
For detailed information, visit our nearest Branch or contact:
Jeanne Gasengayire
Tel: + 250788 30 28 86
Callixte NYILINDEKWE
Tel: + 250788 30 42 27
Maurice IYERA
Tel: + 250788 30 24 31
