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Fixed Term Loan
The SME–Business term loan is designed to help your business meet long-term financing needs. The loan is a collateral-backed loan with a tenure of 3 to 5 years with scheduled monthly repayments that are matched to the cash flow of your business.
Features
- Finance for long term business needs e.g. fixed asset acquisition and making improvements to fixed assets
- Choice between a fixed or floating interest
- Interest rate is linked to MPC?
- Repayments are matched to the cash flow of the business to ease the pressure of repaying the loan.
Benefits
Contact your Relationship Manager or visit your nearest ZICB branch.