Target
Group Medium, small and big corporate customers

Requirements
- Marketable collateral.
- 6 months active account with the bank
- 3 years audited financial statements
- Insurance policy covering full value value of the collateral
- Memorandum / Articles of Association and Board Resolution if its a Limited
Company.

Loan amount
80% of collateral pledged
60% of business turnover

Purpose
Commercial use - plant and equipment maintanance of buildings equipment, etc

Interest rate
Risk Based

Term
60 months maximum

Characteristics
- Early redemption and prepayment allowed
- Flexible repayment plan

Additional features
Loan re-advance after 12 months repayment on annuity or linear basis

Availability
All branches of NBS Bank

Benefits
- Allows you to support growth of your business
- Can be used as start-up capital of your business
- Can be used for capital expenditure