Development Loans

Great features

1. It's a bank undertaking hence must be secured
2. Usually advanced for 60 months and in exceptional cases for 120 months.
3. The bank earns interest income on it.

What you require to sign up

• There must be an existing legal business with an operative Bank account
• Application for the facility with a clear purpose supported by documentation such as BoQs, invoices, order, Approved plan etc
• Financial information
• Collateral/security

Why you should sign up for this product

1. Lasts longer, simple requirements
2. Client obtains credit  hence easing increase in non-current assets
3. Shows economic development in the country.