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Long Term Credit Facilities

Long Term Credit Facilities

This is a form of debt that is paid off over an extended time frame that exceeds one year in duration. Obtaining a long term loan provides you with working capital that it can use to purchase assets, build a home or start a business which can then be used to create additional income for the borrower.

Our Long Term Credit Facilities Include:
  1. Repayment period is 60 months
  2. The loan must be fully guaranteed by non-withdrawable deposits
  3. Interest rate is 14.4 % per annum
  1. Repayment period is 48 months
  2. Interest rate is 12% per annum on a reducing balance
  3. The loan must be fully guaranteed by non-withdrawable deposits
  1. Repayment period is 48 months
  2. Interest rate is 12.6% per annum

N/B: The loan must be fully guaranteed by non-withdrawable deposits.

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