Qualification and Requirements
Both individuals and corporate customers (Companies)
- 6 months active account.
- Deposit of 3 months premiums.
- Insurance policy rights credited to the bank
- Audited accounts, management accounts, 12 months, cashflow projections
- Memorandum / Articles of Association and Board Resolution to borrow
As per Insurer’s invoice
Payment of insurance premiums
- Interest repayment on reducing balance basis
At Head Asset Finance Department at Head Office
- Flexible soft collateral.
- Can obtain parallel loans if you have an excellent credit record.