Absa; Secured Business Loan

Growing your business can be easy. Get a secured or unsecured instalment loan to expand your working capital, plus get access to great interest rates. Competitive interest rates Fixed interest rates Simple to arrange Higher loan amounts Flexible repayment options

Requirements for a business installment loan You need an Absa Uganda business account. Your business must be 3 years or older. You must have banked with Absa Uganda if you need an unsecured loan. Collateral is required if you need a secured loan.

Form on website: https://www.absa.co.ug/sme-and-business/secured-loans/

0800 222 333 (Toll Free) +256 (0) 312 218 348 (Network charges apply) Email us: absa.uganda@absa.africa

What to bring to the branch when you apply: Certificate of incorporation or registration Partnership deed (partnerships) Certified company’s resolution to borrow (companies) Certified company Form 7 Memorandum and articles of association (companies) Latest annual returns and filing receipts (companies) Statement of particulars of proprietor(s) (sole proprietors and partnerships) 3 years’ trading licenses for new loan applications, 1 year for top-up loans Latest management accounts 3 years’ audited accounts Tax identification number(TIN) certificate Identification document for directors/proprietors: passport (mandatory for foreign nationals)/national ID/driver’s license) CV for each proprietor/director Passport photo Copy of company financial card