Financing in the form of overdrafts given to corporate & business customers for up to 1 year.

Working capital loans

Short term loans given in the form of overdrafts given to corporate & business customers for up to 1 year.

Benefits

1. Flexibility-the customer can draw as little or as much of the overdraft facility as it needs from time to time, so long as the limit is not exceeded.
2. Low cost-Since interest is charged on the overdrawn balance on a day to day basis, the cost of borrowing is minimized.
3. Improves the customers’ liquidity position.

Seasonal Loans

Short term loans given to corporate & business clients for up to 6 months so as to be able to service a particular need e.g. buy inputs for farming, printing.

Benefits

1. Repaid over a short period of time.
2. Quicker approval and disbursement process.