Getting a small business off the ground is a huge achievement, but establishing financing on a solid footing is critical to whether an enterprise ultimately succeeds or fails. We provide you with a wide range of financial solution to manage your cash flow.
Type of financing available:
Business Loan
Grow your business with a term loan and flexible repayment plans
- Manage your business’ debt and avoid spending your operating capital
- Consolidate your business debt
- Restructure your company’s balance sheet
- Finance a management buyout or share buy-back
Green Loan
Green financing for environmentally friendly and energy savings projects
- Preferential interest rates
- Investment grants
- Repayment period of min. 4 years
- Financing of up to 100% investment (subject to fulfilment of the eligibility criteria)
Lokal is beautiful Scheme
Promoting sustainable development through responsible entrepreneurs
- Applicable to local sections : Manufacturing (Transformation), Agriculture and Service
- Competitive Interest Rate (MCB PLR + 2%)
- Convenient disbursements and repayment plan
- Moratorium on capital repayment for the first year
- Reduced disbursement fees
SME Scheme
Tailored to boost your business
- Government grants on new and renewal of credit facilities
- Zero processing fees
Leasing
A wide range of lease options for various industries
- A dedicated team who provides expert advice and customised leasing solutions to meet your cash flow streams
- A wide-ranging offer, from simple leasing arrangements to long-term solutions
- Quick and flexible turnaround times : requests for leases are approved within 48 hours
- Competitive costs of leasing solutions with no guarantee / 'lien' / charge applicable, as the asset acts as collateral
Factoring
Turning your receivables into cash
- Fast access to cash with up to 90% of the invoice within 24 hours
- The more you sell, the more cash you generate from your invoices
- No collateral required
- Protection against debtor’s insolvency
- Maintain the commercial relationship with your clients while we collect your funds with your full support
Trade Finance
Simplifying your imports and exports
- An experienced team of trade finance experts which provides tailor-made advice and solutions for your activities
- Innovative platforms and secure systems aligned to international standards and trends
- Flexible processes and personalised service to help you grow your business with confidence
- Financial guarantees to secure your trade activities while mitigating risks and maximising working capital
Cards
Ease out your payment process and help you maximize your cash flow
- Our business cards offer convenience and are accepted worldwide
- A comprehensive travel insurance that covers you against any mishaps while travelling abroad
- Easy and quick cash and cheques deposits on designated MCB deposit ATMs
- Manage your vehicle expenses on and off road in all convenience