Objective

The purpose of this product is to provide working capital to new or existing SMME’s embarking on projects with a positive development impact.

Term of loan

The loan term is dependent on the productive life span of the assets being used as security, up to a maximum term of 5 years.

Repayment period

The repayment period is monthly.

Security

Different types of security may be provided by the SMME to cover this product.