Loans
We offer loans for business expansion, acquisition of commercial property and purchase of fixed assets.
Special features
- Loans are fully secured.
- Quick turnaround time.
- Qualifying amount: Minimum - $10,000 & Maximum - $1 million
- Maximum tenor – 12 months
- Competitive interest rates - market determined at the time of drawdown.
- For related charges, please refer to Tariff Guide
Qualification criteria
- Minimum turnover set by the bank from time to time.
- Company needs to have operated for at least 3 years
- A business proposal together with completed SME credit application form
- Cash flow projections for the next 12 months
- Balance sheets and profit and loss accounts for the past 3 years and current debtor's age analysis
- Memorandum of Agreement and Articles of Association accompanied by directors' ID's and proof of residence
We look forward to serving you!
For more information, simply call our SME Banking Team on +263 4 253801-5 or Call Centre on (04) 758078/9, or send us an email on contactus.zw@sc.com to leave your information. Our dedicated Relationship Managers will be in touch as soon as possible.
*Terms & Conditions apply