Great features

1. Interest is at a flat rate of 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 3 months
2. You should have a registered business
3. You should have a permanent business location
4. Have acceptable securities
5. Show proof of reliable cash flows

Why you should sign up for this product

1. The loan is set at a minimum of TSh 100,000 and a maximum of TSh 50,000,000
2. Flexible security requirements e.g. chattels, log books, shares, or cash cover, debentures, title deeds, guarantors, etc are accepted
3. Maximum repayment period is up to 3 years
4. Repayments are negotiated to match the seasonality of proceeds.
5. Credit Insurance is included