LOANS & FINANCING
Business Term Loans
This facility helps you develop an ideal lending solution with us, based on your business sales and income figures over a time period.
NCBA Bank has created it especially for you as a business or individual in business, to facilitate expansion or diversification of your business and offers a flexible repayment period to suit your borrowing purposes and cash flow.
Features
- Loan amount is determined by business need as well as serviceability of the loan.
- A repayment period of up to 24 months when servicing loan with working capital.
- A repayment period of up to 36 months for CAPEX finance.
- A repayment period of up to 36 months for business expansion loans.
- A repayment period of up to 60 months for investments in new business.
- Payment period on import finance determined by cash conversion cycle.
Overdraft
A flexible, short term working capital financing facility on your business current account.
Funds are available immediately and repayable on demand, giving you extra funds to manage your day to day cash flow and working capital needs.
Features
- Maximum repayment period of 12 months.
- Flexible loan amount determined by business need and cycle.
- Tenor period is renewable after 1 year and based on repayment performance.
- Repayment is done through credits to your business current account.
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