Demand Loan

This product is designed for the purchase of Raw materials, to finance inventory, to meet recurrent expenditure.

Maximum loan amount & repayment period

  • Maximum repayment period – 12 mths

Debt service ratio

45%

Note:

  • Total loan is to be paid off at the end of the 12 mths as lum sum payments will be paid from the cash flow
  • Maximum repayment period will be determined by the nature of risk and equity as per business proposal

Interest rate

9% per annum on straight line