Loan/Debt

Stanbic Bank – Business Term Loan

Posted 6 months ago

Description

A financial solution for covering temporary cash flow requirements with payments made directly from your current account even at zero account balance. It is a convenient short-term borrowing facility ideal for unplanned business expenses.

Funding Procedure

Product Enquiry Form: https://www.stanbicbank.co.ug/uganda/business/products-and-services/Borrow-for-your-needs/Business-Term-Loan

Contacts

Contact the Enterprise Direct Centre on enterprisediredug@stanbic.com Call us on 0312226600 or visit a Business Banker at any nearest branch.

ADDITIONAL FMC INFO

Benefits: The cash is available when you need it You only pay interest on what you use, NOT on the full amount on which the limit is set (saving you interest) Fluctuating interest rate which is linked to our Stanbic base rate. We arrange affordable insurance from our trusted partners. 24-hour business banking support through Enterprise Direct Centre Business Legal documents Business' financial statements, such as the income statement, balance sheet and cash flow statement A 12-month cash flow forecast Proof of equity contribution (shareholding in business) and the source of these funds Business' bank statements for the past six months Financial card"