Absa; Secured Business Loan

Posted 6 months ago


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

Investment Details

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.

Funding Procedure

Form on website:


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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