Great features

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

What you require to sign up

1. Should be an account holder with Equity Bank for at least 3 months
2. Registered business
3. Permanent business locations
4. Acceptable securities
5. Reliable cash flows

Why you should sign up for this product

1. The loan is set at a minimum amount of TSh 500,000
2. Flexible security requirements e.g. chattels, log books, shares or cash cover, debentures, title deeds, guarantors, residential license are accepted
3. Maximum repayment period is up to 2 years
4. Repayments are negotiated to match the seasonality of proceeds
5. Credit Insurance is offered in the package