Loan amount and loan terms

• Loans range from $10,000 to $500,000 per client or business.
• Loan terms vary between 3 and 24 months (2 years).

 Other Conditions for both Manufacturing Loan and  Distribution Trade Loan

• Principal payments are made monthly or quarterly (end of three months) (conditions apply). The interest and savings must be paid monthly.
• Maximum first time loan of $100,000.
• Client must have contract for sale of goods being produced or manufatured or items being grown.
• Compulsory savings is built into the program of 2.5%-4% per month of the principal borrowed.
• Skill level and training in your particular field must be proven and verified before loan is approved.
• Processing fee of 3% to 1% is charged.
• Administration fee of $100 charged for first time borrowers.
• Promissory note fee of $100 is charged for new and repeat loans.
• Must provide copies of paid utility bills, sales invoice, simple business plan (cash flow projection) and pro-forma invoice for fixed purchase.
• Persons with existing loans must provide status letter from the institution.