Qualifications and Requirements
Target Group Small and big corporate customers

Requirements
- 6 months active account.
- Marketable collateral.
- Memorandum of association / articles of association
- Board resolution to borrow from the bank
- Cash flow projections.
- Business plan and company corporate profile
- Insurance policy covering full value of the collateral

Facility amount
60% of business turnover
80% of collateral value

Purpose
Working capital, purchase of stock, paying creditors,etc
Interest rate Risk Based

Term
12 months, maximum

Characteristics
Flexible facility structure

Features
Additional temporary facilities of up to 50% of existing limit are permissible

Availability
All branches of NBS Bank

Benefits
- Ability to bridge cash flow gaps
- Can be used to finance administration and operation expenses
- Can be used for working capital to purchase business inventory