Short-term Finance to Corporates
Type of Facility
Clean Demand Loan
- Corporate body incorporated for more than 5 years.
- Net worth over ugx 500 Mn. as per latest audited balance sheet.
- Profit making company for last 3 consecutive financial years and no arrears of any tax liability.
- Minimum current ratio 1 and above.
- Companies engaged in coffee processing/agriculture cultivation are not eligible.
To facilitate corporate to bridge cash flow on short term basis
- Sanction under the scheme will be separated from existing facilities granted to the company.
- The facility under the scheme is not granted for liquidating existing borrowings with our bank.
Amount of Loan
||Ugx 250 Million
||Ugx 1000 Million
3 to 6 months. Initially loan will be for 90 days and its rollover permitted up to a maximum of 180 days as per request.
* Interest rate is subject to change from time to time. View latest Interest Rate.
** For further details, contact any of our Branches in Uganda