Business Overdraft

Great features

1. Flexible repayment period of up to 12 months
2. The overdraft facility must be 50% of average turnovers for a given period, usually 12 months
3. Interest is charged only on funds drawn out of the account
4. Flexible collateral requirements
5. Quick processing

What you require to sign up

• Application for the facility to be supported by documentation such as invoices, orders etc
• One must provide financial information (bank statements for the past 6 months and a copy of your financial card)

Why you should sign up for this product

1. It has simple requirements
2. Client obtains credit  hence easing increase/ improving on liquidity