Our SME Business Loan is a customized loan for Commercial & SME businesses to support you with your working capital to buy stocks or buy new business equipment. It is a ï¬xed term loan and is to be repaid over a period of up to a maximum of 3 years with predetermined monthly instalments.
What does it offer you?
- Working capital to buy stocks or support your day to day operations
- Money to buy new business equipment
- Fast processing of loan application (between 1 to 2 weeks if all documentations are provided)
- Transparency and reliability
- Dedicated SME Loan Oï¬ƒcer to handle your application and provide answers to your questions.
What do you need to apply?
- Be a registered business in Liberia for at least 1 year..
- Business registration documents
- Six months’ statements if you are banking with another bank in Liberia
- Favorable credit reference report
- Accepted collateral includes, but is not limited to, landed property, vehicle, cash, stock, etc
- Favourable credit reference report
- You may need to meet other conditions or give us more documents subject to speciï¬c borrower conditions.