KE
RW
TZ
GROUP
Get Financed
With our tools, you can ensure maximized cash efficiency for your business, your suppliers, customers, and distributors.
Asset Finance
NCBA Asset Financing provides tailor-made asset finance solutions. Get approval for your loan in no time, with simple documentation meaning no hidden costs.
On top of that, you have convenient banking with a personal Relationship Manager and favourable payment terms. We offer loans for the below products amongst others: Features Commercial vehicles PSV Vehicles
NCBA Asset Financing provides tailor-made asset finance solutions. Get approval for your loan in no time, with simple documentation that means no hidden costs.
On top of that, you have convenient banking with a personal Relationship Manager and favourable payment terms.
We offer loans for the below products amongst others:
- Commercial vehicles
- PSV Vehicles
- Buses
- Trucks and pick-ups
- Tractors and related implements
- School buses
- Office equipment
- Contractor equipment
- Industrial equipment
- Medical and Laboratory equipment
Invoice Discounting
Release funds from your unpaid invoices to ensure business flow, while maintaining control over the collection of payments.
Our Invoice Discounting solution is quick and tailor-made to your business needs, with negotiable terms and payment periods of up to 180 days.
Features
- Repayment capacity is assessed on existing businesses and cash flow projections.
- Interest is paid upfront and principal repaid at once at the end of the term.
- Up to 80% discounting of the invoice face value.
- Only invoices from approved parties will be accepted.
Contract financing
Get up to 70% of the value of your contract to fund your business needs or working capital.
This facility is tailored according to individual credit limits, existing and projected income streams. It also offers repayment periods of up to 180 days.
Features
- NCBA can negotiate a discount with your suppliers and reduce trading costs with upfront payments facilitated by the loan.
- Flexible repayment terms; pay in monthly instalments or at once.
- Tenor of the contract should not be more than 24 months.
Operating Leases
Get the equipment you need for your business without the burden of acquisition cost. We offer SMEs, corporates and government organizations flexible lease structuring with reasonable initial deposit and purchase costs.
The assets are registered in the names of the bank through Uganda Revenue Authority and repayment is amortised (cleared) over a fixed period that is agreed in advance. Ownership reverts to the borrower after the loan is repaid fully.
Asset classes that can be leased include:
- Motor vehicles
- IT equipment
- Supermarket equipment
- Construction Equipment
- Furniture, fixtures and fittings
- Medical equipment
- Industrial equipment
Features
- One does not require large initial capital for deposit or purchase.
- No risks of obsolescence of the asset.
- NCBA lease structuring is flexible.
- Full lease rental is an operating expense thus provides a tax benefit to your business.
- One can extend the lease term or replace old assets with new ones.
- NCBA Bank disposes of the leased asset for you at the end of the lease term.
- VAT on the asset leased is spread over the lease term of the asset.
- Rental payments are not based on 100% cost of the asset.
Insurance Premium Financing
Pay your insurance premiums in smaller amounts rather than the lump sum on your insurance quote. Insurance Premium Financing through NCBA Insurance Agency is quick, easy to apply with simple documentation, and has no hidden fees.
Examples of this insurance coverage include but are not limited to; Life insurance, Motor comprehensive, Travel insurance, Goods in Transit, Agriculture insurance, and Domestic Insurance.
Features
- IPF is available for all types of insurance that are renewed annually.
- Minimum repayment period of 4 months and a maximum of 10 months.
- Available for both account holders and non-account holders.
Getting, you over that cash crunch
Massa a nulla lacus feugiat amet vitae. Lobortis ultrices nulla fusce consectetur mauris.
Vitae elementum diam aliquam dolor vitae massa arcu adipiscing. Quis lectus ultrices ut non neque volutpat ultricies ut adipiscing.
