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Standard Chartered Bank |
Financing Professionals and Consultants earning a monthly income |
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- Minimum age 21 years
- Professionals and consultants earning regular monthly income
- Both citizen and non citizen
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- Valid work id/ passport
- Financial card
- Tin number
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300 |
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Opportunity Bank |
To finance businesses with working capital for expansion and growth |
KES 1 Billion |
Boda Boda loans
- This is a loan product for motorcycle riders who want to aquire and or expand on their business.
- 3.3% Set up fees of loan amount
- Stamp Duty is UGX15,000 of loans above 3M
- Calculation of interest; Reducing Balance
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- Business should be operational for at least 12 months
- Possession of a Certificate of Incorporation
- Initial Deposit of UGX 500,000
- Open an account with OBUL
- Must have a Rider's permit
- CRB Search fee of UGX15,000
- Application fees of UGX20,000
- Operate from a recognized stage
- Recommendation letter from your area of residence
- Recommendation letter from your association
- Three guarantors(1 from family, 1 from association,1 from your stage)
- Financial Card
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120 |
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Centenary Rural Development Bank Limited |
Finance working capital and acquisition of business assets |
KES 8 Billion |
• Authority to borrow granted by relevant Ministry in case of financing • Hold a Current or Savings account with the Bank • Projected cash flow statement |
• Projected cash flow statement • Valid license for the business being undertaken. • Memorandum and Articles of Association or Partnership deed
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120 |
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Absa Bank Uganda |
Support the growth of sole traders, Partnerships, Associations and Limited companies |
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- Growing your business can be easy.
- Get a secured or unsecured installment loan to expand your working capital, plus get access to great interest rates.
- Competitive interest rates.
- Fixed interest rates.
- Simple to arrange.
- Higher loan amounts.
- Flexible repayment options.
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- You need an Absa Uganda business account.
- Your business must be 3 years or older.
- You must have banked with Absa Uganda if you need an unsecured loan.
- Collateral is required if you need a secured loan.
- Up to date annual returns and filed receipts
- Certificate of Incorporation/Registration
- Partnership deed.
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120 |
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Housing Finance Bank |
Financing Customers to secure their land through acquisition of titles |
KES 300,000,000 |
Land loans and advice on purchasing land |
• Copy of financial card, valid ID and Passport photos • Spousal Consent for married customers • Spousal consent or statutory declaration for marital statuses • Proof of borrowers income • One reputable guarantor |
120 |
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Uganda Development Bank |
It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing. |
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It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing. |
- Applicants must be incorporated entities
- The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
- Adequate collateral is required, preferably landed property
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96 |
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Yako Bank |
To help small and medium enterprises nurture and grow their businesses |
KES 100,000,000 |
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- Should possess a Certificate of incorporation
- Should be involved in profit making business for at least two years
- Certificate of incorporation
- Copy of partnership deed
- Memorandum and articles of association
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96 |
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Bank Of Uganda (Agricultural Credit Facility) |
To promote commercialization of Agriculture |
KES 5 Billion |
- Acquisition of agricultural machinery.
- Post harvest handling equipment.
- Storage facilities, agro processing, mechanization
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- A detailed bankable project proposal/ feasibility report
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96 |
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Yako Bank |
To finance business expansion and acquisition of commercial property |
|
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- Should possess a Certificate of incorporation
- Should be involved in profit making business for at least two years
- Certificate of incorporation
- Copy of partnership deed
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96 |
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GroFin |
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KES 5 Billion |
- Business operating in a country where they have an office.
- Business needs medium term loan capital between: US$100k and US$1.5M.
- Applicant’s business is for profit
- Applicant’s business has a turnover of less than US$ 15 million and assets less than US$ 6 million.
- The business is owner-operated and/or the owner is substantially involved in running the business
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- Business Plan and Projections, Financial Information, Shareholders Information, Identity Documents
- Application form is on https://grofin.com
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96 |