Great features

1. Interest is at a flat rate of 16 – 18%
2. LACE is at 2%

What you require to sign up

1. You should be an account holder with Equity Bank for at least 6 months
2. Have a registered business
3. Have a permanent business location
4. Have acceptable securities

Why you should sign up for this product

1. Loan amount is above TSh 500,000,000
2. Maximum repayment period is up to 36 months
3. You have a flexible repayment period on monthly basis or depending on cash flow cycle
4. Requirements for security are flexible i.e. log books, title deed, residential license, debentures, shares, Treasury Bills, etc.
5. Credit Life Insurance is included