Financing Instruments & Financing Providers
Total results: 84
Financing Professionals and Consultants earning a monthly income
- Minimum age 21 years
- Professionals and consultants earning regular monthly income
- Both citizen and non citizen
- Valid work id/ passport
- Financial card
- Tin number
300
To finance businesses with working capital for expansion and growth
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
- 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
120
Finance working capital and acquisition of business assets
• 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
120
Support the growth of sole traders, Partnerships, Associations and Limited companies
- 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.
- 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.
120
Financing Customers to secure their land through acquisition of titles
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
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.
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
96
To help small and medium enterprises nurture and grow their businesses
Small Business loans
- 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
96
To promote commercialization of Agriculture
- Acquisition of agricultural machinery.
- Post harvest handling equipment.
- Storage facilities, agro processing, mechanization
- A detailed bankable project proposal/ feasibility report
96
To finance business expansion and acquisition of commercial property
Microfinance
- 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
96
SME Scaling
- 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
- Business Plan and Projections, Financial Information, Shareholders Information, Identity Documents
- Application form is on https://grofin.com
96